Corporate News     28-Mar-23
K E C International receives ratings action from ICRA
K E C International announced that ICRA has assigned credit ratings to Rs 21,850 crore line of credit and USD 20 million ECB facility as under:

Fund based working capital facilities - ICRA AA-; Negative (reaffirmed)
Non fund based limits - ICRA AA-; Negative/ ICRA A1+ (reaffirmed)
Fund based term loans - ICRA AA-; Negative (reaffirmed)
Short term fund based - ICRA A1+ (reaffirmed)
Long term / short term - unallocated limits - ICRA AA-; Negative / ICRA A1+ (reaffirmed)
Short term - bill discounting - ICRA A1+ (assigned)

External commercial borrowings (foreign currency term loan) - ICRA AA-; Negative (reaffirmed)

Previous News
  Market near days high; auto shares gears up
 ( Market Commentary - Mid-Session 22-Mar-24   14:29 )
  K E C International consolidated net profit declines 81.20% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   07:34 )
  KEC Intl bags orders worth Rs 1,003 cr
 ( Hot Pursuit - 23-Sep-24   09:51 )
  Gujarat Industries Power Co issues LoI to K E C International
 ( Corporate News - 21-Sep-22   20:43 )
  KEC International to declare Quarterly Result
 ( Corporate News - 29-Apr-24   20:22 )
  K E C International consolidated net profit declines 31.20% in the September 2022 quarter
 ( Results - Announcements 08-Nov-22   07:57 )
  K E C International wins orders worth Rs 1560 cr
 ( Corporate News - 22-Mar-23   15:33 )
  K E C International consolidated net profit declines 35.47% in the December 2021 quarter
 ( Results - Announcements 01-Feb-22   08:02 )
  K E C International wins orders worth Rs 1140 cr
 ( Corporate News - 01-Mar-21   10:00 )
  KEC International Q2 PAT falls 31% YoY to Rs 55 crore; order book at Rs 27,569 crore
 ( Hot Pursuit - 08-Nov-22   12:19 )
  K E C International consolidated net profit declines 20.10% in the June 2020 quarter
 ( Results - Announcements 11-Aug-20   08:50 )
Other Stories
  RACL Geartech receives ratings action from CARE
  05-Oct-24   14:24
  JHS Svendgaard Retail Ventures EGM scheduled
  05-Oct-24   13:50
  Lexus Granito (India) EGM scheduled
  05-Oct-24   13:50
  Latteys Industries EGM scheduled
  05-Oct-24   13:50
  Embassy Office Parks REIT to convene board meeting
  05-Oct-24   13:50
  Board of Fusion Micro Finance appoints director
  05-Oct-24   13:17
  Board of Fusion Micro Finance approves rights issue of Rs 550 cr
  05-Oct-24   13:15
  Bharti Airtel deploys additional spectrum in Jammu-Kashmir & Leh Ladakh
  05-Oct-24   12:53
  Dr Reddys announces incorporation of new step-down subsidiary in Denmark
  05-Oct-24   11:37
  360 ONE WAM grants 21.47 lakh stock options
  05-Oct-24   11:32
Back Top