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Article: CRISIL upgrades to BB/P4+ ratings on Haldyn.
- Article from:
- ADP Debt News
- Article date:
- September 18, 2009
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(ADPnews) - Sep 18, 2009 - Indian credit rating agency CRISIL said yesterday it upgraded to BB from D and to P4+ from P5 the ratings on various bank facilities of local glass maker Haldyn Glass Gujarat Ltd (BOM:515147).
The outlook on the BB rating is "positive".
The upgrade reflects timely repayment by Haldyn on its term loan instalments over the past six months, with no overdrawing on its fund-based facilities. In addition, sanctions obtained for fresh term loans and for enhancement in working-capital limits have strengthened the company's liquidity considerably. The upgrade also takes into account expected growth in Haldyn's operating income and ...
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Article: HALDYN GLASS GUJARAT ANNOUNCES OUTCOME OF AGM
The Hindustan Times;
November 4, 2005 ;
470 words
...MUMBAI, India, Nov. 4 -- The Bombay Stock Exchange Limited (BSE) made the following corporate announcement: Haldyn Glass Gujarat Ltd., has informed BSE that that the members at the 14th Annual General Meeting (AGM) of the company held ...
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