Credit Ratings
Law provides voting rights to all shareholders proportionate to their holding in the Company. Hero encourages shareholders to exercise their voting rights and actively participate in decision making process.
Home Investors Credit Ratings
Menu

CREDIT RATINGS

Select Year


Details of Credit Ratings for the FY 2019-20

S. No. Instrument Description Rating agencies Rating assigned
1. Bank Loan Facilities - Long Term CRISIL Limited / ICRA Limited AAA Stable
2. Bank Loan Facilities - Short Term CRISIL Limited / ICRA Limited A1+
3. Commercial Papers / Fixed Deposit CRISIL Limited A1+
4. Non-Convertible Debentures CRISIL Limited / ICRA Limited AAA Stable

Note: No Change/Revision in the aforesaid credit ratings from the rating agencies was received during the financial year. The Company has not issued any Commercial papers, Non-Convertible Debentures or taken any Fixed Deposit during the year.

Details of Credit Ratings for the FY 2018-19

S. No. Instrument Description Rating agencies Rating assigned
1. Bank Loan Facilities - Long Term CRISIL Limited / ICRA Limited AAA Stable
2. Bank Loan Facilities - Short Term CRISIL Limited / ICRA Limited A1+
3. Commercial Papers / Fixed Deposit CRISIL Limited A1+
4. Non-Convertible Debentures CRISIL Limited / ICRA Limited AAA Stable

Note: The Company has not issued any Commercial Papers, Non-Convertible Debentures or taken any Fixed Deposits during the year.