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Patel Engineering Ltd — Regulatory Filings 2026
Jun 3, 2026
60771_rns_2026-06-03_00695e38-3b62-4394-8d2d-a159b9bd616c.pdf
Regulatory Filings
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Patel
PATEL ENGINEERING LTD.
CIN: L99999MH1949PLC007039
June 03, 2026
To,
Bombay Stock Exchange Ltd.,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai 400 001.
The National Stock Exchange of India Ltd.
Exchange Plaza,
Bandra-Kurla Complex,
Mumbai 400 051
Company Code No. 531120
Company Code: PATELENG
Dear Sirs,
Sub: Press Release
We are enclosing herewith copy of the press release titled – “Infomerics Ratings Upgrades Credit Rating of Patel Engineering Ltd.”
Kindly take the aforesaid on record.
Thanking you,
Yours truly,
For Patel Engineering Ltd.
SHOBHA
RANJIT SHETTY
Digitally signed by
SHOBHA RANJIT SHETTY
Date: 2026.06.03 14:59:42
+05'30'
Shobha Shetty
Company Secretary
Membership No.: F10047
Encl: As above
REGD. OFFICE:
Patel Estate Road, Jogeshwari (W), Mumbai – 400 102. India
Phone +91 22 26767500, 26782916 Fax +91 22 26782455, 26781505
Email [email protected] Website: www.pateleng.com
Patel since 1949
PRESS RELEASE
FOR IMMEDIATE RELEASE
INFOMERICS RATINGS UPGRADES CREDIT RATING OF PATEL ENGINEERING LTD.
Mumbai, June 3, 2026: Patel Engineering Limited ("PEL" or "the Company"), a leading infrastructure and construction company, is pleased to announce that Infomerics Ratings has upgraded the company's credit ratings, reflecting the company's strong financial performance, improved liquidity profile, and robust business fundamentals. The long-term rating has been upgraded from A- to A, while the short-term rating has been upgraded from A2+ to A1.
This upgrade highlights Patel Engineering's consistent operational excellence, disciplined financial management, and its ability to deliver complex projects across diverse sectors including dams, tunnels, hydroelectric power, irrigation, and urban infrastructure. The improved ratings are expected to further enhance the company's credibility with stakeholders and strengthen its access to capital markets.
Mr. Rishi Vyas, Head of Finance at Patel Engineering Limited, said: "We are delighted with the rating upgrade by Infomerics, which is a strong endorsement of our financial resilience and operational capabilities. Over the past few years, we have focused on strengthening our balance sheet, optimizing cash flows, and maintaining a healthy order book across strategic projects. This recognition validates our efforts and reinforces our commitment to sustainable growth. The upgraded ratings will not only boost stakeholder confidence but also enable us to pursue larger opportunities in the infrastructure sector with greater financial flexibility. We remain dedicated to delivering long-term value to our shareholders, clients, and partners while contributing meaningfully to India's infrastructure development."
Patel Engineering Ltd. continues to build on its legacy of engineering excellence and remains committed to executing projects that drive economic progress and improve quality of life across communities.
About the company
Patel Engineering Ltd. ('PEL' or 'Company'), is a 77-year company established in the year 1949 and has a strong presence in hydropower, tunneling and irrigation segments. The Company has a consistent track record in execution of projects in both domestic and international arena. PEL has completed over 85 dams, 40 hydroelectric projects and more than 300 km of tunneling for clients which are mostly central PSUs or state government organizations.
For more information on the Company, please log on to www.pateleng.com or contact:
Rahul Agarwal, Patel Engineering Ltd: [email protected]
Shobha Shetty, Patel Engineering Ltd: [email protected]
Sajana Nair, Concept PR: [email protected]