Hi-Tech Pipes Ltd’s ratings reaffirmed by CRISIL, including Rs.565 Crores in Bank Loan Facilities

Hi-Tech Pipes Ltd announced that CRISIL Ratings Limited has reaffirmed its ratings on the company's instruments, including Bank Loan Facilities of Rs.565 Crores, rated CRISIL A+/ Stable and CRISIL A1, and has also provided updates on various Cash Credit facilities totaling Rs.271.5 Crores, Letter of Credit facilities of Rs.55, Vendor Bill Discounting of Rs.23, Vendor Financing of Rs.80, and Letter of Credit & Bank Guarantee facilities of Rs.45, all carrying a rating of CRISIL A+/Stable, with a Vendor Financing facility also rated A1, all with update dates of October 22, 2026; Crisil has disseminated the rating rationale through media and made the rating list document available at https://www.crisilratings.com/mntiwinshare/Ratings/RatingList/RatingDocs/Hi_TechPipesLimited_October_22_2026_RR_408733.htm, while noting that no rating data was found for other instruments.