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CARE withdraws rating on HSIL's commercial paper issue

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Capital Market
HSIL announced that on request of the Company for voluntarily withdrawal of credit rating of 'CARE A1+' assigned by CARE Rating on Commercial Paper Issue as the facility has not been used by company to raise funds and there is no outstanding under the said issue as on date, CARE Ratings has withdrawn the rating on the said instrument, effective from 25 February 2021.

The Company's credit ratings for other facilities by CARE Ratings remain unchanged.

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First Published: Feb 26 2021 | 1:14 PM IST

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