ICRA ups Aadhar Housing NCDs, long-term bank loan facilities rating to 'AA+'
This story was originally published at 16:57 IST on 22 September 2026
Register to read our real-time news.Informist, Tuesday, Sept. 22, 2026
--ICRA upgrades Aadhar Housing NCDs, long-term bk loan facilities to 'AA+'
NEW DELHI – ICRA Ltd. has upgraded the rating on Aadhar Housing Finance Ltd.'s non-convertible debentures worth INR 22.32 billion to 'AA+' from 'AA'. The rating agency has also upgraded the rating on the company's long-term bank loan facilities of INR 13.50 billion to 'AA+' from 'AA'. The credit rating agency has revised the outlook to stable from positive, the housing financier informed exchanges Tuesday.
"ICRA has withdrawn the ratings assigned to the non-convertible debentures amounting to Rs. 504.40 crores (INR 5.04 billion) pursuant to the redemption of the non-convertible debentures," the filing said.
The housing financier's subordinated debt and commercial paper also got a rating upgrade to 'AA+' and 'A1+', respectively, by the rating agency. For the June quarter, Aadhar Housing had reported a consolidated net profit of INR 2.82 billion on total revenue from operations of INR 9.93 billion. Tuesday, shares of the company closed at INR 457.85 apiece on the National Stock Exchange, down 1.8% from the previous close. End
Reported by Radhika Tiwari
Edited by Avishek Dutta
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
