Hindustan Copper’s credit ratings reaffirmed by ICRA
Hindustan Copper Limited announced that ICRA Ltd has reaffirmed its credit ratings for bank facilities and commercial paper. The long-term rating for bank facilities, totaling INR 2100 crore, has been reaffirmed at [ICRA]AA+ (Stable), while the short-term rating for the same facilities is [ICRA]A1+.
Additionally, the short-term rating for the company's INR 100 crore Commercial Paper has been reaffirmed at [ICRA]A1+. These ratings indicate a high degree of safety regarding timely fulfillment of financial obligations and very strong creditworthiness. The rating actions were communicated on October 7, 2025.
The bank facilities include long-term fund-based term loans and cash credit, as well as short-term non-fund-based facilities and unallocated limits. The reaffirmation by ICRA provides an updated assessment of Hindustan Copper's financial health and its capacity to meet its debt obligations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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