NSECredit Rating- Revision21 Aug 2026 · 21 Aug 2026, 05:29 pm

Credit Rating- Revision

H.G. Infra Engineering Limited · HGINFRA

✦ AI SummaryRating Change

H.G. Infra Engineering Limited has informed the Exchange about a credit rating revision by ICRA, reaffirming its long-term and short-term ratings with a stable outlook.

Analysis Scores

Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10

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H.G. Infra Engineering Limited has informed the Exchange about Credit Rating- Revision

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HGINFRA_21082026172906_FinalCreditRating.pdf

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HGIEL/HO/COMPLIANCE/2026-27/697 August 21, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai- 400 001 Mumbai- 400 051 Scrip Code- 541019/977063 Scrip Symbol- HGINFRA Dear Sir/Madam, Sub: Update on Credit Rating Pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that ICRA Limited (“ICRA”) has taken the following rating action vide its letter dated August 20, 2026, for the following facilities; Instrument Rated Amount Rating Action (Rs. Crore) Long-term – Fund-based - Cash 900.00 [ICRA]AA- (Stable); Reaffirmed credit and outlook revised to stable from positive Long-term/Short-term – 4300.00 [ICRA]AA- (Stable)/ [ICRA]A1+; Non-fund based – Bank Guarantee Reaffirmed and outlook revised to stable from positive Non-Convertible Debenture 400.00 [ICRA]AA- (Stable); Reaffirmed and outlook revised to stable from positive Total 5600.00 This is for your information and records. Thanking you, Yours faithfully, For H.G. Infra Engineering Limited Ankita Mehra Company Secretary and Compliance Officer ICSI M. No: A33288