IRCON International Ltd

📈 IRCON International Credit Rating Update: Key Changes in Bank Facilities

• Long-term bank facilities rating reaffirmed as IVR AAA/Stable for ₹1000.03 crore (increased from ₹0.02 crore)

• Long-term and short-term bank facilities rating reaffirmed as IVR AAA/Stable and IVR A1+ for ₹8,549.97 crore (decreased from ₹8,999.98 crore)

• Bank guarantee/letter of credit limit increased to ₹8,549.90 crore from ₹7,799.90 crore

• Proposed fund-based/non-fund based limit decreased to ₹0.07 crore from ₹1,200.08 crore

• Rating rationale accepted by company on March 24, 2026