Upgradation in the Credit Rating
Hikal Ltd has informed BSE that ICRA Limited vide its letter dated August 04, 2014 has informed Hikal that the rating committee of ICRA, after due consideration, has upgraded the rating of the line of credit enjoyed by the Company from BBB - (ICRA triple B minus) to BBB (ICRA triple B) {for long term} and from A3 (ICRA A three) to A2 (ICRA A two) {for short term}.07-08-2014