H.G. Infra Engineering Ltd - 541019 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that ICRA Limited ('ICRA') has upgraded the long-term facilities rating to [ICRA]AA- (pronounced ICRA double A minus) from [ICRA]A+ (pronounced ICRA A plus) and upgraded the short term facilities rating to [ICRA]A1+ (pronounced ICRA A one plus) from [ICRA]A1 (pronounced as ICRA A one). ICRA has also upgraded the long term rating to [ICRA]AA- from [ICRA]A+ for the Rs. 97.00 crore non-convertible debentures of the company. The outlook on the rating has been revised to ''Stable'' from ''Positive''.22-04-2022