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HEG informs about Additional limit for issuance of Commercial Paper

10 Jul 2015 Evaluate

With reference to the earlier letter dated May 19, 2015, HEG has now informed that India Rating & Research (Ind-Ra) has assigned IND A1+ rating for HEG’s additional INR 500 Million Commercial Paper programme. With this the total limit for Commercial Paper stands revised to INR 1500 Million on a rating of INP Al+.The aforesaid additional limit for issuance of Commercial Paper shall also be used to fund the working capital requirements.

The above information is a part of company’s filings submitted to BSE.

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