ScoutQuest9 Oct 2026
Persistent Systems533179Rating watch placed

ICRA assigns [ICRA]AA+; Rating Watch with Negative Implications to proposed Rs. 5,000.0 crore NCDs of Persistent Systems

[ICRA]AA+Assigned · ICRA Limited
Assigned by ICRA Limited · [ICRA]AA+ · outlook Negative.
Rating Action
[ICRA]AA+; Rating Watch with Negative Implications assigned to proposed NCDs
Proposed NCD Size
Rs. 5,000.0 crore
Issuer Rating
[ICRA]AA+; Rating Watch with Negative Implications (no change)
Agency
ICRA Limited
Action
Assigned

ICRA assigns [ICRA]AA+; Rating Watch with Negative Implications to proposed Rs. 5,000.0 crore NCDs of Persistent Systems.

Earlier credit rating intimation
Earlier credit rating intimation
Earlier credit rating intimation
Credit rating letter date
Earlier credit rating intimation 21 Jan 2025 · Earlier credit rating intimation 5 Mar 2026 · Earlier credit rating intimation 7 Jul 2026 · Credit rating letter date 9 Oct 2026
More numbers
  • Rated amount - proposed Non-Convertible Debentures5,000.0 (Rs. crore)
  • Total rated amount5,000.0 (Rs. crore)
Source: BSE · 9 Oct 2026

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