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)

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 ( Market Commentary - Mid-Session 04-Apr-24   11:34 )
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 ( Corporate News - 05-Jun-24   09:11 )
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  K E C International consolidated net profit declines 35.47% in the December 2021 quarter
 ( Results - Announcements 01-Feb-22   08:02 )
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 ( Hot Pursuit - 01-Feb-22   10:38 )
  KEC Intl rises after mutiple order wins
 ( Hot Pursuit - 04-Mar-22   09:21 )
  K E C International resumes operations at all its five factories in India
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