HFCL receives reaffirmation in credit ratings

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HFCL has received reaffirmation in credit ratings from Infomerics Valuation and Rating as under:
Long term fund based bank facilities - Term loansRs 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
TotalRs 2312.62 cr
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First Published: Nov 24 2022 | 1:57 PM IST