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
  K E C International fixes record date for final dividend
 ( Market Beat - Reports 10-Jul-23   19:35 )
  K E C International wins new orders or Rs 1004 cr
 ( Corporate News - 22-Mar-24   12:50 )
  K E C International Ltd leads gainers in 'A' group
 ( Hot Pursuit - 04-Apr-24   12:00 )
  KEC Intl bags order worth Rs 1,005 cr
 ( Hot Pursuit - 21-Nov-23   10:19 )
  Volumes soar at K E C International Ltd counter
 ( Hot Pursuit - 04-Apr-24   14:30 )
  KEC Intl Q4 PAT down 36% YoY; FY23 order intake at Rs 22,378 crore
 ( Hot Pursuit - 04-May-23   10:14 )
  KEC Intl bags orders worth Rs 1,003 cr
 ( Hot Pursuit - 23-Sep-24   09:51 )
  Benchmarks turn rangebound; PSU bank shares advance
 ( Market Commentary - Mid-Session 26-Apr-23   14:33 )
  KEC Intl gains as T&D arm secures orders worth Rs 1,100 crore
 ( Hot Pursuit - 18-Jul-24   11:56 )
  K E C International consolidated net profit declines 35.59% in the March 2023 quarter
 ( Results - Announcements 04-May-23   07:32 )
  K E C International secures new orders worth Rs 1294 cr
 ( Corporate News - 16-Nov-22   12:46 )
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