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India Ratings upgrades ESDS Software Solution to IND A

ESDS Software Solution (NSE: ESDS) said India Ratings has upgraded its credit rating to IND A. The company is valued at about ₹18,624 crore.

BCEIE News Desk · Published 29 Sept 2026, 01:55 pm IST · Filing received 29 Sept 2026, 01:38 pm IST

What happened

ESDS Software Solution (NSE: ESDS) informed the stock exchanges on 29 September 2026 at 01:38 PM that India Ratings has upgraded its credit rating to IND A.

From the filing: "Bank Facilities Upgraded Rating Rating Action Long Term / Short Term IND A/Stable/IND A1 Upgraded Click here to access t he Credit Rating Rationale on India Rating s ' website ."

Company snapshot

ESDS Software Solution is a small-cap company, with a market value of about ₹18,624 crore.

The stock last traded at ₹1,588.9, against a 52-week range of ₹756–₹1,859.2 (14.5% below the high).

Promoters held 39.47% at the end of Q2 FY27. Foreign institutions owned 1.01% and domestic institutions 8.51%.

What history shows

BCEIE's records show 1 previous credit rating filing from the company since May 2026.

Market-wide, 1,184 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • Whether other agencies take a similar view on the company's credit.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.