From India Rating & Research
HEG announced that India Rating & Research (Ind-Ra) has assigned 'IND A1+' rating for HEG Limited's additional Rs 50 crore commercial Paper programme. With this the total limit for Commercial Paper stands revised to Rs 150 crore on a rating of 'INP Al+'.The aforesaid additional limit for issuance of Commercial Paper shall also be used to fund the working capital requirements.
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