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HeidelbergCement India gets upgradation in long term issuer rating

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Capital Market

From India Ratings and Research

HeidelbergCement India announced that India Ratings and Research has upgraded the Long-Term Issuer Rating of HeidelbergCement India to "Ind AA+" (with stable outlook) from "Ind AA". The credit rating with respect to 370 numbers of Non-Convertible Debentures of Rs 1 crore each aggregating to Rs 370 crore allotted on 16 December 2013, has also been upgraded to 'Ind AA+' (with stable outlook) from "IND AA".

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First Published: Mar 27 2017 | 8:35 PM IST

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