diff --git a/flang/include/flang/Optimizer/Dialect/FIRAttr.td b/flang/include/flang/Optimizer/Dialect/FIRAttr.td
index 989319ff3ddaf..0c34b640a5c9c 100644
--- a/flang/include/flang/Optimizer/Dialect/FIRAttr.td
+++ b/flang/include/flang/Optimizer/Dialect/FIRAttr.td
@@ -70,4 +70,15 @@ def fir_BoxFieldAttr : I32EnumAttr<
 // mlir::SideEffects::Resource for modelling operations which add debugging information
 def DebuggingResource : Resource<"::fir::DebuggingResource">;
 
+def fir_LowerBoundModifierAttribute : I32EnumAttr<
+    "LowerBoundModifierAttribute",
+    "Describes how to modify lower bounds",
+    [
+      I32EnumAttrCase<"Preserve", 0, "preserve">,
+      I32EnumAttrCase<"SetToOnes", 1, "ones">,
+      I32EnumAttrCase<"SetToZeroes", 2, "zeroes">,
+    ]> {
+  let cppNamespace = "::fir";
+}
+
 #endif // FIR_DIALECT_FIR_ATTRS
diff --git a/flang/include/flang/Optimizer/Dialect/FIROps.td b/flang/include/flang/Optimizer/Dialect/FIROps.td
index d9c1149040066..584b7e82bf27a 100644
--- a/flang/include/flang/Optimizer/Dialect/FIROps.td
+++ b/flang/include/flang/Optimizer/Dialect/FIROps.td
@@ -857,6 +857,43 @@ def fir_ReboxOp : fir_Op<"rebox", [NoMemoryEffect, AttrSizedOperandSegments]> {
   let hasVerifier = 1;
 }
 
+def fir_ReboxAssumedRankOp : fir_Op<"rebox_assumed_rank",
+  [DeclareOpInterfaceMethods<MemoryEffectsOpInterface>]> {
+  let summary = "create an assumed-rank box given another assumed-rank box";
+
+  let description = [{
+    Limited version of fir.rebox for assumed-rank. Only the lower bounds,
+    attribute, and element type may change.
+
+    The input may be a box or a reference to a box, in which case the operation
+    reads the incoming reference.
+    Since a fir.shift cannot be built without knowing the rank statically,
+    lower bound changes are encoded via a LowerBoundModifierAttribute.
+    Attribute and element type change are encoded in the result type.
+    Changing the element type is only allowed if the input type is a derived
+    type that extends the output element type.
+
+    Example:
+    ```
+      fir.rebox_assumed_rank %1 lbs zeroes : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
+    ```    
+  }];
+
+  let arguments = (ins
+    AnyRefOrBoxType:$box,
+    fir_LowerBoundModifierAttribute:$lbs_modifier
+  );
+
+  let results = (outs BoxOrClassType);
+
+  let assemblyFormat = [{
+    $box `lbs` $lbs_modifier
+        attr-dict `:` functional-type(operands, results)
+  }];
+
+  let hasVerifier = 1;
+}
+
 def fir_EmboxCharOp : fir_Op<"emboxchar", [NoMemoryEffect]> {
   let summary = "boxes a given CHARACTER reference and its LEN parameter";
 
diff --git a/flang/lib/Optimizer/Dialect/FIROps.cpp b/flang/lib/Optimizer/Dialect/FIROps.cpp
index 94113da9a46cf..998e9535582cb 100644
--- a/flang/lib/Optimizer/Dialect/FIROps.cpp
+++ b/flang/lib/Optimizer/Dialect/FIROps.cpp
@@ -2412,6 +2412,52 @@ mlir::LogicalResult fir::ReboxOp::verify() {
   return mlir::success();
 }
 
+//===----------------------------------------------------------------------===//
+// ReboxAssumedRankOp
+//===----------------------------------------------------------------------===//
+
+static bool areCompatibleAssumedRankElementType(mlir::Type inputEleTy,
+                                                mlir::Type outEleTy) {
+  if (inputEleTy == outEleTy)
+    return true;
+  // Output is unlimited polymorphic -> output dynamic type is the same as input
+  // type.
+  if (mlir::isa<mlir::NoneType>(outEleTy))
+    return true;
+  // Output/Input are derived types. Assuming input extends output type, output
+  // dynamic type is the output static type, unless output is polymorphic.
+  if (mlir::isa<fir::RecordType>(inputEleTy) &&
+      mlir::isa<fir::RecordType>(outEleTy))
+    return true;
+  if (areCompatibleCharacterTypes(inputEleTy, outEleTy))
+    return true;
+  return false;
+}
+
+mlir::LogicalResult fir::ReboxAssumedRankOp::verify() {
+  mlir::Type inputType = getBox().getType();
+  if (!mlir::isa<fir::BaseBoxType>(inputType) && !fir::isBoxAddress(inputType))
+    return emitOpError("input must be a box or box address");
+  mlir::Type inputEleTy =
+      mlir::cast<fir::BaseBoxType>(fir::unwrapRefType(inputType))
+          .unwrapInnerType();
+  mlir::Type outEleTy =
+      mlir::cast<fir::BaseBoxType>(getType()).unwrapInnerType();
+  if (!areCompatibleAssumedRankElementType(inputEleTy, outEleTy))
+    return emitOpError("input and output element types are incompatible");
+  return mlir::success();
+}
+
+void fir::ReboxAssumedRankOp::getEffects(
+    llvm::SmallVectorImpl<
+        mlir::SideEffects::EffectInstance<mlir::MemoryEffects::Effect>>
+        &effects) {
+  mlir::Value inputBox = getBox();
+  if (fir::isBoxAddress(inputBox.getType()))
+    effects.emplace_back(mlir::MemoryEffects::Read::get(), inputBox,
+                         mlir::SideEffects::DefaultResource::get());
+}
+
 //===----------------------------------------------------------------------===//
 // ResultOp
 //===----------------------------------------------------------------------===//
diff --git a/flang/test/Fir/fir-ops.fir b/flang/test/Fir/fir-ops.fir
index 962621c4e2e1a..a826dd49ef99d 100644
--- a/flang/test/Fir/fir-ops.fir
+++ b/flang/test/Fir/fir-ops.fir
@@ -900,3 +900,15 @@ fir.global @t1 {keep_my_attr = "data"} : i32 {
 }
 
 // CHECK-LABEL: fir.global @t1 {keep_my_attr = "data"} : i32
+
+func.func @test_rebox_assumed_rank(%arg0: !fir.box<!fir.array<*:f32>> ) {
+  %1 = fir.rebox_assumed_rank %arg0 lbs ones : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
+  %2 = fir.rebox_assumed_rank %arg0 lbs zeroes : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
+  %3 = fir.rebox_assumed_rank %arg0 lbs preserve : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
+  return
+}
+// CHECK-LABEL: func.func @test_rebox_assumed_rank(
+// CHECK-SAME: %[[A:.*]]: !fir.box<!fir.array<*:f32>>)
+  // CHECK: fir.rebox_assumed_rank %[[A]] lbs ones : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
+  // CHECK: fir.rebox_assumed_rank %[[A]] lbs zeroes : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
+  // CHECK: fir.rebox_assumed_rank %[[A]] lbs preserve : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
diff --git a/flang/test/Fir/invalid.fir b/flang/test/Fir/invalid.fir
index 049e108ba992d..f1e1aa433b9b0 100644
--- a/flang/test/Fir/invalid.fir
+++ b/flang/test/Fir/invalid.fir
@@ -978,3 +978,27 @@ func.func @bad_box_offset(%no_addendum : !fir.ref<!fir.box<i32>>) {
   %addr1 = fir.box_offset %no_addendum derived_type : (!fir.ref<!fir.box<i32>>) -> !fir.llvm_ptr<!fir.tdesc<!fir.type<none>>>
   return
 }
+
+// -----
+
+func.func @bad_rebox_assumed_rank_1(%arg0: !fir.ref<!fir.array<*:f32>> ) {
+  // expected-error@+1{{'fir.rebox_assumed_rank' op input must be a box or box address}}
+  %1 = fir.rebox_assumed_rank %arg0 lbs ones : (!fir.ref<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:f32>>
+  return
+}
+
+// -----
+
+func.func @bad_rebox_assumed_rank_2(%arg0: !fir.box<!fir.array<*:f32>> ) {
+  // expected-error@+1{{'fir.rebox_assumed_rank' op result #0 must be box or class, but got '!fir.ref<!fir.box<!fir.array<*:f32>>>'}}
+  %1 = fir.rebox_assumed_rank %arg0 lbs ones : (!fir.box<!fir.array<*:f32>>) -> !fir.ref<!fir.box<!fir.array<*:f32>>>
+  return
+}
+
+// -----
+
+func.func @bad_rebox_assumed_rank_3(%arg0: !fir.box<!fir.array<*:f32>> ) {
+  // expected-error@+1{{'fir.rebox_assumed_rank' op input and output element types are incompatible}}
+  %1 = fir.rebox_assumed_rank %arg0 lbs ones : (!fir.box<!fir.array<*:f32>>) -> !fir.box<!fir.array<*:i32>>
+  return
+}