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As on : 21-Aug-2026
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21-Aug-2026     18:28

ICRA reaffirms AA- ratings, revising outlook to stable for H.G. Infra Engineering’s instruments

H.G. Infra Engineering Ltd announced that ICRA Limited (“ICRA”) has reaffirmed and revised the outlook to stable from positive for its outstanding instruments, including the Long-term – Fund-based – Cash credit of Rs 900.00 with a rating of [ICRA]AA- (Stable), the Long-term/Short-term – Non-fund based – Bank Guarantee of Rs 4300.00 with ratings of [ICRA]AA- (Stable) / [ICRA]A1+, and the Non-Convertible Debenture of Rs 400.00 with a rating of [ICRA]AA- (Stable), with no enhancements, assignments, or withdrawals reported by the rating agency.

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