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

ICRA Limited has reaffirmed its AA- (Positive) rating for H.G. Infra Engineering Limited across three credit facilities totalling Rs. 5,600 crore. The long-term fund-based cash credit of Rs. 900 crore and non-convertible debentures of Rs. 400 crore were both reaffirmed at AA- with Positive outlook. Additionally, the non-fund based facilities of Rs. 4,300 crore were reaffirmed at AA- (Positive) / A1+, and the enhanced amounts were assigned alongside the reaffirmation. The Positive outlook indicates ICRA's expectation of continued improvement in the company's credit profile.