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KEI Industries Ltd. Capital/Financing Update 2020
62468_rns_2020-09-05_1ed4e13f-6add-47e3-aecf-0768dcadc448.PDF
Capital/Financing Update
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Rettd. Mice: D-90, Okhla Industrial Arca, Phase — I New Delhi — 110020. CIN: L74899DL1992PLC051527. Tel.: +91-11-26818840, 26818642, 26X15558, 26815559. Fax: +91-11-26811959, 26817225. Email: [email protected] Website: www.kei-ind.com
KEI/BSE/2020-21 The Manager, BSE Limited Listing Division, Phiroze Jeejeebhoy Towers, Dalai Street, Mumbai- 400 001.
Date: 05.09.2020
Sub: Intimation of Credit Rating(s) pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
This is to inform you that ICRA Limited has upgraded the rating assigned to Long Term Bank Facilities availed by the Company as JICRA1A+ Stable (pronounced ICRA A Plus Stable). Instruments / Facilities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments / facilities carry low credit risk. ICRA Limited has also reaffirmed the rating assigned to Short Term Bank Facilities and Commercial Paper as [ICRAIA1 (pronounced ICRA A One). Instruments / Facilities with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments/facilities carry lowest credit risk.
Further, ICRA Limited has reaffirmed the rating assigned to Medium Term Instrument i.e. Fixed Deposits Programme of the Company as MA+ Stable (pronounced M A plus Stable). MA+ indicate adequate credit quality rating assigned by ICRA. The rated deposits carry average credit risk.
This is for your information.
Thanking you, Yours truly, For KEI INDUSTRIES LIMITED For KEI INDUSTRIES 1.1101;,..,', (KISHORE KUNAL) GM (Corporate) & Company Secretary (KISHORE KUNAL) GM (Corporate) & Company Secretary
| CC:The National Stock Exchange of India Ltd. ListingDivision,Exchange Plaza, Plot No. C/1, G Block, Bandra KuriaComplex, Bandra (E), | The Calcutta Stock Exchange Ltd.The Senior Manager, Listing Division,7, Lyons Range, Kolkata-700001 |
|---|---|
| Mumbai — 400 051 |
Works-II : Bhiwadi : SP-920, 51100 Industrial Area. Phase-III, Bhiwadi, Dist. Alwar-301019 (Rajasthan) Tel : 01493-220106, 221731
Fax : 01493-221732. Works-111 : Silvassa : 99/2/7, Madhuban Industrial Estate, Rakholi, Silvassa UT of D &N.H-396240. Telefax: 0091-260-2644404, 2630944,2645896 Branch 1 : Chennai : 27/F-1, first floor, Chakrapani Street, West Mambalam, Chennai-600 033 Tel : 044-24803363 Fax : 044-24803404.
Offices : Mumbai : 101 102, Vests Shill), VIISIll Enclave, Andheri Pump House, Andheri(East), Mumbai-400093. Tel: 009 1-22-2823963/2 6375642, Fax: 28258277 . Kolkata: Arihanth Benchmark, 40 Floor, 113-F, Matheshwartola Road, Kolkata-7000466 Telefax: 033-40620820/4062