Hindustan Tin Works (HTWL) has restarted partial operations for supplying tin cans and components to food sector only (being an essential commodity).
Credit Rating Agency (ICRA) has revised company’s Long-Term rating for the captioned Line of Credit (LOC) to BBB+ from A-. The outlook on the Long-Term rating remains ‘Negative’. The agency has also revised the short-term rating to A2 from A2+ for the captioned LOC.
Hindustan Tin Works (HTWL) was incorporated on December 12, 1958 as a Private Limited Company under Companies Act 1956 for manufacturing and trading of tin/metal containers tin sheets.
