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ICRA Nepal has allocated a [ICRANP-IR] BBB- issuer rating to Time Pharmaceuticals Limited, placing it under intensive scrutiny with detrimental effects. This rating denotes a moderate degree of financial stability while also indicating a medium level of credit risk.
In contrast, ICRA Nepal has elevated the issuer rating of Bikash Hydropower Company Limited from [ICRANP-IR] BB to [ICRANP-IR] BBB-. The alterations in the rating reflect overall credit standing rather than pertaining to any particular debt instrument.
