HFCL receives reaffirmation in credit ratings

HFCL has received reaffirmation in credit ratings from Infomerics Valuation and Rating as under:

Long term fund based bank facilities - Term loans

Rs 131.47 cr

IVR A/ Stable

Long term fund based bank facilities - Cash credits

Rs 355 cr

IVR A/ Stable

Short term non fund based bank facilities LC/ BGs

Rs 1826.15 cr

IVR A1

Total

Rs 2312.62 cr

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