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AGI Infra Ltd announced that India Ratings and Research Private Ltd has affirmed the rating of IND A4+ on the bank guarantee of its subsidiary, M/s Worldnext Realty LLP, for an amount of 74.50 million, and has upgraded the rating of IND BB+/Stable on the bank loan facilities of the same subsidiary, for an amount of 1425.50 million. The rating action constitutes an affirmation for the bank guarantee and an upgrade for the bank loan facilities, with no enhancements, assignments, or withdrawals reported by India Ratings and Research Private Ltd concerning either instrument.
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