Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, H.G. Infra Engineering has informed that 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'.
The above information is a part of company’s filings submitted to BSE.
