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| Exchange Disseminated Time | KEI Industries Ltd has informed BSE that Credit Analysis & Research Ltd (CARE) has reaffirmed the 'CARE BBB' (triple B) assigned to the Long Term Bank Facilities availed by the Company. This rating is applicable to facilities having tenure of more than one year. Facilities with this rating are considered to offer moderate safety for timely servicing of financial obligations. Such facilities carry moderate credit risk. CARE has reaffirmed the rating 'CARE A3+' (A Three plus) assigned to the Short Term Bank Facilities availed by the Company. This rating is applicable to facilities having tenure up to one year. Facilities with this rating are considered to have strong degree of safety regarding timely payment of financial obligations. Such facilities carry low credit risk.
Further, CARE has assigned CARE BBB (FD) {Triple B (Fixed Deposits)} for Medium Term Instrument i.e. Fixed Deposits scheme of the Company. |
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