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InterGlobe Aviation Limited — Capital/Financing Update 2023
Jul 28, 2023
61901_rns_2023-07-28_67636749-bd49-42d2-a218-7a7ca6de3e91.pdf
Capital/Financing Update
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July 28, 2023
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To To National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, C - 1, Block G SSE Limited Sandra Kurla Complex Phiroze Jeejeebhoy Towers Sandra - (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001 Symbol: INDIGO Scrip Code: 539448
Dear Sir/ Madam,
Sub Disclosure under Regulation 30 of the SEBI (Listing Obligations and " " - Disclosure Requirements) Regulations, 2015 ( SEBI LODR Regulations ) Revision in credit rating
In compliance with Regulation 30 of the SEBI LODR Regulations, this is to inform that on July 28, 2023, ICRA Limited ("ICRA") has upgraded the rating of the Company as under:
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Long-term rating - from [ICRA] A to [ICRA] A+ with stable outlook; and
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Short-term rating - from [ICRA] A1 to [ICRA] A1+.
The upgrade in ratings reflect sustained improvement in passenger volumes coupled with healthy yields, Company's strong liquidity position, extensive network and low-cost positioning. ICRA further believes that the Company is well positioned to maintain (and consolidate) its strong market position in the long run.
Thanking you,
For lnterGlobe Aviation Limited
Digitally signed SANJAY by SANJAY GUPTA Date: 2023.07.28 GUPTA 18:49:26 +05'30'
. Sa')i Company Secretary and Chief Compliance Officer
lnterGlobe Aviation Limited Registered Office: Upper Ground floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi - 110 001, India, M +91 9650098905, F +91 11 43513200,Email: [email protected] Corporate Office: Levell, Tower C. Global Business Park, MG Road, Gurgaon - 122 002, Han,,ana, India. T +91 124 435 2500. F + 91 124 406 8536 CIN no.: L62100DL2004PLC129768
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