Credit rating agency, CARE has assigned ‘BBB-’ rating to Himalya International’s Long-term Bank Facilities worth Rs 131.28 crore and ‘A3’ rating to company’s Long-term/Short-term Bank Facilities worth Rs 7 crore.
The ratings assigned to the bank facilities of HIL draw strength from the experience of the promoters and the management team, long track record of operations, established brand name, reputed clientele and diversified product portfolio.
Himalaya International operates as a frozen food company in India. The company manufactures and sells mushrooms, vegetables, cheese, yogurts, appetizers, snacks, and sweets, as well as baby potatoes and buffalo cheese.
