ALPHA TRIBE

High Energy Batteries India LtdImportant, 29-08-2025: Company Update

29-08-2025 | 05:16 pm

High Energy Batteries (India) Limited has seen its credit rating upgraded by India Ratings & Research Private Limited. The company's Fund Based Bank Loan Facility of 30.00 Cr is now rated IND BBB/Stable, up from IND BBB-/Positive. Its Non-Fund Based facility of 45.00 Cr has also been upgraded to IND A3+ from IND A3. This upgrade reflects an improved credit profile, potentially leading to better borrowing terms and enhanced financial flexibility. This positive development benefits the company's operational strength and stakeholders.

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