We wish to inform you that the Acuite Rating & Research Limited has assigned rating of Acuite BBB/ Stable to the Company.
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Hazoor Multi Projects Limited has received a credit rating of ACUITE BBB with a Stable outlook from Acuité Ratings & Research Limited. The rating has been assigned to the company's Long Term Bank facilities amounting to Rs. 100 crores. The rating action is categorized as 'Assigned', indicating this is a fresh rating. BBB is an investment-grade rating, suggesting the company has moderate to acceptable creditworthiness. The report was released on March 31, 2026.
The BBB/Stable rating is positive for shareholders as it confirms the company's investment-grade credit quality and stable financial outlook. This rating on Rs. 100 crore bank facilities improves the company's access to debt funding at competitive rates.