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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Patel Engineering Ltd-$

Patel Engineering gets credit rating upgrade to IVR A/Stable

RATING ▲ Positive Development LOW RISK
📅 Filed on BSE: 03 Jun 2026, 01:34 PM IST  ·  BSE ID: 1cfbc7ef-8222-4a88-815e-ef0a364cff3d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's creditworthiness has improved, making it easier and cheaper to borrow money.
🤖 AI Summary
  • Patel Engineering's long-term credit rating upgraded to IVR A/Stable from IVR A-.
  • Short-term credit rating upgraded to IVR A1 from IVR A2+ by Infomerics.
  • Rating upgrade is effective from June 03, 2026, valid until June 01, 2027.
  • Total bank loan facilities rated stand at Rs. 6176.56 Crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Bank Loan Facilities Rated
Rs. 6176.56 Crore
Long term Rating Previous
IVR A-
Long term Rating Current
IVR A/Stable
Short Term Rating Previous
IVR A2+
Short Term Rating Current
IVR A1
Optionally Convertible Debentures
106.23
🏢 How This Affects the Company
📈
Business Impact
An improved credit rating can enhance the company's ability to secure financing for new projects and expansions.
💰
Financial Impact
This upgrade may lead to more favorable terms on future borrowings, potentially reducing interest expenses.
⚠️
Risk Impact
A higher credit rating generally signifies reduced financial risk for the company.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this credit rating update.
👤
Who Is Affected
All shareholders are indirectly affected as an improved credit rating can support the company's financial stability and growth prospects.
🔍
Management Signal
The upgrade signals management's success in strengthening the company's financial performance and risk profile.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Review of credit rating in June 2027.
Company's financial performance for FY27.
Future fundraising activities and terms.
LOW RISK Credit rating upgrade suggests reduced financial risk profile.
💡 Investor Takeaway
Patel Engineering's credit rating was upgraded to IVR A/Stable (long-term) and IVR A1 (short-term) by Infomerics on June 3, 2026. Total rated bank facilities are Rs. 6176.56 Crore.
⚖️ Strengths & Concerns

✅ Positives

  • Long-term credit rating upgraded to IVR A/Stable, reflecting improved creditworthiness.
  • Short-term credit rating upgraded to IVR A1, indicating enhanced liquidity position.
❓ Frequently Asked Questions
What is Patel Engineering's new long-term credit rating?
Patel Engineering's long-term credit rating has been upgraded to IVR A/Stable by Infomerics.
What is Patel Engineering's new short-term credit rating?
The short-term credit rating for Patel Engineering has been upgraded to IVR A1 by Infomerics.
What is the total value of bank loan facilities rated for Patel Engineering?
The total bank loan facilities rated for Patel Engineering amount to Rs. 6176.56 Crore.
When is the current credit rating for Patel Engineering valid until?
The current credit rating is valid until June 01, 2027, following the upgrade on June 03, 2026.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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