BSECompany Update23 Jun 2026 · 23 Jun 2026, 06:43 pm
Please refer the enclosed file
Hitachi Energy India Ltd · 543187
✦ AI Summary▲ PositiveRating Change
Hitachi Energy India Ltd announced that CRISIL Ratings Limited has reaffirmed its long-term credit rating at 'CRISIL AAA/Stable' and reassigned its short-term credit rating at 'CRISIL A1+' for its INR 6,000 Crores bank facilities. The company clarified that there is no change in the existing credit ratings, except for the reassignment of the short-term rating. This indicates continued strong financial health and creditworthiness for the company.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment7/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Hitachi Energy India Ltd - 543187 - Announcement under Regulation 30 (LODR)-Credit Rating
Attachments (1)
📄pdf
Download →
443298e8-46c0-4b6a-8457-f4ceb57eabf8.pdf
View document text
HITACHI
June 23, 2026
The Secretary, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Limited,
1st Floor, Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’, 5th Floor, Plot No. C/1, G Block,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 543187 Scrip Symbol: POWERINDIA
Dear Sir/ Madam,
Subject: Reaffirmation of Long-Term & Reassignment of Short-Term Credit Rating by CRISIL Ratings Limited
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish
to inform you that CRISIL Ratings Limited has reaffirmed the Company’s existing long-term credit rating and
reassigned short-term credit rating for INR 6,000 Crores bank facilities of the Company, the details of which are as
follows:
Rating Action Amount and Rating
Total Bank Loan Facilities Rated Rs. 6,000 Crores
Long Term Rating CRISIL AAA/Stable (Reaffirmed)
Short Term Rating CRISIL A1+ (Reassigned)
Further, it may be noted that there is no change in the existing credit rating of the Company except for the
reassignment of short-term credit rating and that the Company was notified about it today. Copy of the Rating
Rationale is enclosed for your reference.
You are requested to take the same on record.
Thank you,
Yours faithfully,
For Hitachi Energy India Limited
Poovanna Ammatanda
General Counsel and Company Secretary
Encl.: as above
Hitachi Energy India Limited
Registered and Corporate Office:
8th Floor, Brigade Opus, 70/401,
Kodigehalli Main Road, Bengaluru - 560 092
E-mail: investors@hitachienergy.com
Phone: 080 68473700
CIN: L31904KA2019PLC121597
hitachienergy.com/in
Crisil
Ratings
CONFIDENTIAL
RUA PPSIL/398 707/ BLR/0626/150914
June 22, 2026
Mr. Tush31' Udeshi
Head -Treasuiy
Hitachi Energy India Limited
Registered Office & Co1porate Office
No. 70/401, 8th Floor,
Brigade Opus, Kodigehalli Main Road,
Bengalum Urban -560092
8022041800
Dear Mr. Tushar Udeshi,
Re: Review of C1isil Ratings to the bank facilities of Hitachi Energy India Limited
All ratings assigned by Ciisil Ratings are kept under continuous smveillance and review.
Please find in the table below the ratings outstanding for the debt instn.llilents/facilities of the company, and the rating actions by
C1isil Ratings on the ratings as on date.
Total Bank Loan Facilities Rated Rs.6000 Crore
Long Term Rating Ciisil AAA/Stable (Reaffirmed)
Short Term Rating C1isil At+ lReassi2Bed)
(Bank-wise details as per Annexure 1)
AIJ per our Rating Agreement, C!isil Ratings would disseminate the ratings, along vvith the outlook, through its publications and
other media, and keep the ratings, along with the outlook, under smveillance over the life of the instrument/facility. C!isil
Ratings reserves the 1ight to withdraw, or revise the ratings, along with the outlook, at any time, on the basis of new information,
or unavailability of information, or other circtl111Stances which Crisil Ratings believes may have an impact on the ratings. Please
visit www.clisilratings.com and search with tl1e name oft he rated entity to access tl1e latest rating/s.
In the event of the company not availing the proposed facilities within a peiiod of 180 days from the date of tllis letter, a fresh
Jett.er ofr evalidation from Ciisil Ratings will be necessaiy.
C1isil Ratings products / activities or ratings of instnllilents other tha!l secmities that are listed or proposed to be listed may fall
under tl1e pmview of financial sector regulators (FSRs) other than SEBI. In respect of such products/ activities or ratings (under
the purview of other FSRs such as Rese1ve Ba.Ilk of India (RBI), Ministiy of Co1porate Affairs (MCA), lnsttra!lce Regulatoiy and
Development Authoiity of India (IRDAI), ainong others), the grievance / dispute redressal and investor protection mechailislllS
available under SEBI regulations shall not be applicable. A list of products/activities or ratings of instrnments falling m1der the
purview of vaiious FSRs along with the names of respective FSRs has been duly disclosed by Crisil Ratings on its website.
A link to the same has been provided below for ready reference:
https://www.clisilratings.com/en/home/our-business/ratings/regulato1y-disclostu·es/list-of-activities-instnl111ents-ai1d-names-of
regulators.html
Should you require a!lY claiification, please feel free to get in touch with us.
With warm regards,
Yotrrs sincerely,
Mahir Ka!ltilal Gada Nivedita Shibu
Associate Director -C1isil Ratings Director -Clisil Ratings
Disclaimer: A rating by Cr/sit Ratings renects Cr/sit Ratings' current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does
not constitute an audit of the rated entity by Cr/sit Ratings. Our ratings are based on information provided by the issuer or obtained by Cr/sit Ratings from sources it
considers reliable. Cr/sit Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a
recommendation to buy I sell or hold the rated instrument; it does not comment on the market price or suitability for a particular invesror. Crisil Ratings has a practice of
keeping all its ratings under surveillance and ratings are revised as and when Circumstances so warranr. Crtsil Ratings is not responsible for any errors and especially
states that it has no financtat liability whatsoever to the subselibers I users I transmitters I distributors ofi rs ratings. Crtsit Ratings' criteria are available Without charge to
the public on the web site, www.crisilratings.com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating
information on any instrumenr of any company rated by Cr/sit Ratings, please visit ,vww.crisilratings.com or contact cusromer Service Hetpdesk at
Crtsilrati crtsil.com ora t 1800-267-3850
Crisil Ratings Limited
Corporate Identity Number:U67100MH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India.
Phone: +91226137 3000 I www.crisilratings.com a company of S&P Global
Crisil
Ratings
Disclaimer: A rating by Cr/sit Ratings renects Cr/sit Ratings' current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does
not constitute an audit of the rated entity by Cr/sit Ratings. Our ratings are based on information provided by the issuer or obtained by Cr/sit Ratings from sources it
considers reliable. Cr/sit Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a
recommendation to buy I sell or hold the rated ins/TUment; it does not comment on the market price or suitability for a particular investor. Cr/sit Ratings has a practice of
keeping all its ratings under surveillance and ratings are revised as and when Circumstances so warrant. Cr/sit Ratings is not responsible for any errors and especially
states that it has no finaneial liability whatsoever to the subselibers I users I transmitters I distributors ofi ts ratings. Crtsit Ratings' criteria are available Without charge to
the public on the web site, www.crisilratings.com. Crisil Ratings or its assoc/ates may have other commercial transactions with the company/entity. For the latest rating
information on any ins/TUment of any company rated by Cr/sit Ratings, please visit ,vww.crisilratings.com or contact customer Service Hetpaesk at
Crtsitrati crisit.com ora t 1800-267-3850
Crisil Ratings Limited
Corporate Identity Number:U67100MH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India.
Phone: +91226137 3000 I www.crisilratings.com a company of S&P Global
Crisil
Ratings
Annexure 1 -Bank-wise details ofva1·ious facility classes (outstanding facilities)
Amount(Rs.
S.No. Bank Facility Bank Outstanding Rating
in C1·ore)
Kotak Mahindra Bank
1 Fund-
[Showing first 8,000 characters — download PDF for full document]