BSECompany Update8h ago · 24 Sept 2026, 04:57 pm
Credit Rating Reaffirmation
Techno Electric & Engineering Company Ltd · 542141
✦ AI SummaryRating Change
Techno Electric & Engineering Company Ltd has announced that ICRA has reaffirmed its Long Term Credit Ratings to [ICRA]AA (Stable) and short-term rating of [ICRA]A1+ for enhanced amounts of Rs. 221.00, 388.00, and 2,673.00 crore.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Techno Electric & Engineering Company Ltd - 542141 - Announcement under Regulation 30 (LODR)-Credit Rating
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TECHNO ELECTRIC & ENGINEERING COMPANY LIMITED
Corporate Office :
1B, Park Plaza, South Block, 71, Park Street, Kolkata - 700 016, India 0 ey
Tel. : (033) 4051-3000, Fax : (033) 4051-3326, E-mail : techno.email@techno.co.in BUREAU VERITAS
ENGINEERS & CIN : L40108HR2005PLC142826
CONSTRUCTORS
September 24, 2026
National Stock Exchange of India Ltd. BSE Limited
5t floor, Exchange Plaza Corporate Relationship division
Bandra — Kurla Complex Phiroze Jeejeebhoy Towers
Bandra (East) Dalal Street, Fort
Mumb—a 40i0 051 Mumb—a 4i00 001
TECHNOE BSE Code : 542141
Dear Sirs
Sub: Intimation of Credit Ratings Reaffirmation
This is to inform you that ICRA has reaffirmed the Company’s Long Term Credit Ratings to
[ICRAJAA (pronounced ICRA Double A) with Outlook “Stable” and short-term rating of
[ICRA]A1+ (pronounced ICRA A One Plus)
This is for your information and record.
Yours faithfully,
For Techno Electric & Engineering Company Limited
N. Branma
Company Secretary
Membership No. A11652
Registered Office : 415/2, Mehrauli Gurgaon Road, 4" Floor, Sector-14, Gurgaon, Haryana-122001, Tel +91-12-44592550 (Reception) E-mail : techno.email @techno.co.in
Visit us at ; https://www.techno.co.in
ICRA Limited
ICRA/Techno Electric & Engineering Company Limited/24092026/1
Date: September 24, 2026
Mr. P. P. Gupta
Managing Director
Techno Electric & Engineering Company Limited
2F & 3F, Park Plaza, N. Block,
71 Park Street,
Kolkata 700016
Dear Sir,
Re: ICRA's Credit Rating for below mentioned Instruments of Techno Electric & Engineering Company
Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following
rating actions for the mentioned instruments of your company.
Rated Amount Financial Sector
Instrument Rating Action[1]
(Rs. Crore) Regulator#
[ICRA]AA(Stable); Reaffirmed/Assigned for
Long-term - Fund-based - Others 221.00 RBI
enhanced amount
Long-term/Short-term - Fund- [ICRA]AA(Stable) /[ICRA]A1+;
388.00 RBI
based/Non-fund based - Others Reaffirmed/Assigned for enhanced amount
Long-term/Short-term - Non-fund [ICRA]AA(Stable) /[ICRA]A1+;
2,673.00 RBI
based - Others Reaffirmed/Assigned for enhanced amount
Total 3,282.00
#SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and
instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI.
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter.
However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information
becoming available, or the required information not being available, or other circumstances that ICRA believes could have
an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest
rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms
or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of
the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur
after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all
limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the
said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation
to buy, sell, or hold the rated instrument availed/issued by your company.
[1]Complete definitions of the ratings assigned are available at www.icra.in.
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You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of
the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments
which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-
schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) /
investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as
restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding
system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as
above, or as prescribed by the regulatory authority(ies) is exceeded.
We look forward to your communication and assure you of our best services.
With kind regards
Yours sincerely
For ICRA Limited
Ankit Jain
Vice President and Co-Group Head
ankit.jain@icraindia.com
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