Indian Hume Pipe Company gets ratings revision for bank facilities

Capital Market 

From CARE

Indian Pipe Company has received reaffirmation in credit ratings for from CARE as under -

Long term (Term Loan Rs 1.88 crore) - CARE A+;Stable (Reaffirmed)

Long term (Fund Based Rs 625 crore) - CARE A+; Stable (Reaffirmed)

Short term Bank Facilities (Non-fund based Rs 215 crore) - CARE A1+ (Reaffirmed)

Long-term/Short term Bank Facilities (Nonfund based Rs 1050 crore) - CARE A+; Stable / CARE A1+ (Assigned)

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First Published: Wed, October 03 2018. 19:31 IST