Patel Engineering Ltd-$ - 531120 - Announcement under Regulation 30 (LODR)-Credit Rating
Patel Engineering's credit ratings have been upgraded by Infomerics Valuation and Rating Private Limited. The long-term rating improved to IVR A/Stable from IVR A-, and the short-term rating was upgraded to IVR A1 from IVR A2+. This reflects positive operational and financial performance.
Jun 03 2026 13:34:10
Patel Engineering Ltd-$ - 531120 - Disclosure Regarding Imposition Of Penalty Under Regulation 30 Of The SEBI (LODR) Reg, 2015
Patel Engineering's 35% owned JV, Raman Patel J.V., was blacklisted by the Government of Nepal's Public Procurement Monitoring Office for 3 years, from May 27, 2026, to May 26, 2029. This action stemmed from disputes with the employer regarding the Sunkoshi Marin Diversion project, leading to contract termination.
May 27 2026 18:34:03
Patel Engineering Ltd-$ - 531120 - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Patel Engineering shareholders approved the appointment of Ms. Sudha Navandar and Ms. Jana Chatra as Independent Directors. Both special resolutions passed with over 99.8% votes in favour, conducted via e-voting from April 21 to May 20, 2026.
May 21 2026 15:50:30
Patel Engineering Ltd-$ - 531120 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Patel Engineering's Monitoring Agency Report confirms full utilization of its Rs. 398.97 crore Rights Issue proceeds for FY26. The report found no deviation from the stated objects in the Letter of Offer.
May 14 2026 20:00:19
Patel Engineering Ltd-$ - 531120 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Patel Engineering's Board approved the sale of its entire stake in associate company ACP Tollways Pvt Ltd for Rs.55 crore. This consideration is significantly higher than the investment's carrying value of Rs.26.03 crore, potentially realizing a substantial gain for the company. The transaction is contingent on approvals from the associate company's lenders.
May 14 2026 16:14:56
Patel Engineering Ltd-$ - 531120 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Patel Engineering reported FY26 net profit rose 21.60% to Rs.294.50 crore, while Q4 net profit surged 117.96% to Rs.71.49 crore. The company's order book stands strong at Rs.15,119 crore, supported by new project orders worth Rs.4,400 crore and an improved debt-equity ratio of 0.27x.
May 14 2026 14:53:37
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