BSECompany Update6 Oct 2026 · 6 Oct 2026, 05:48 pm
Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Rating
Kings Infra Ventures Ltd · 530215
✦ AI Summary▼ NegativeRegulatory
Kings Infra Ventures Ltd has received a credit rating downgrade from INFOMERICS due to non-cooperation from the company in providing necessary information. The rating for Total Bank Loan Facilities has been downgraded to IVR B/Negative, and the rating for Non-Convertible Debenture has been downgraded to IVR A4. The company has been asked to provide a No Default Statement on a monthly basis.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10
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Kings Infra Ventures Ltd - 530215 - Announcement under Regulation 30 (LODR)-Credit Rating
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Ref No: KIVL/SEC/BSE/991 October 06 ,2026
Department of Corporate Services
BSE Limited
Floor 25, PJ Towers
Dalal Street,
Mumbai- 400001
Script Code: 530215
Dear Sirs,
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 – Credit Rating
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulation 2015, please find the revised credit rating letter.
Kindly take this on record.
For Kings Infra Ventures Limited
Nanditha T
Company Secretary & Compliance Officer
Mr. Shaji Baby John
Managing Director
Kings Infra Ventures Limited
14B, 14th Floor, The Atria
Opp Gurudwara Temple, Thevara
Ernakulam
Kerala-682015
06-10-2026
Dear Sir,
Credit rating for Bank Facilities & Non-Convertible Debentures
1. This is with reference to our rating agreement, wherein your company agreed to
provide information including No Default statement on monthly basis and to pay
annual surveillance fee to INFOMERICS to monitor and conduct the
surveillance/review of the Rating(s) over the lifetime of the rated Debt
facilities/Instruments.
2. Further, your company has not submitted No default statement (NDS), data for
review, despite repeated requests by INFOMERICS (last E-Mail dated September
16, 2026). Accordingly, the current rating action has been taken by INFOMERICS in
line with its ‘Policy on Issuer Not Co-operating, on the basis of best available
information on the company’s performance.
3. In the absence of adequate co-operation from your end despite repeated requests,
Our Rating Committee has reviewed the following ratings:
Total Bank Loan Facilities
Rs. 17.13 Crore Regulator^
Rated
IVR B/Negative; ISSUER NOT
COOPERATING*
Long Term Bank Facilities RBI
(Rating downgraded; and continued
under ISSUER NOT COOPERATING*)
IVR A4; ISSUER NOT COOPERATING*
Short Term Bank Facilities (Rating Reaffirmed; and continued under RBI
ISSUER NOT COOPERATING*)
IVR B/Negative; ISSUER NOT
COOPERATING*
Non- Convertible Debenture MCA
(Rating downgraded; and continued
under ISSUER NOT COOPERATING*)
^Kindly note that for activities or instruments falling under the purview of FSRs other than SEBI, the
grievance/dispute redressal mechanisms and investor protection mechanisms provided by SEBI
shall not be available.
* Issuer did not cooperate; Based on best available information
4. Details of the rated facilities are provided in Annexure I and list of activities / instruments
and names of regulators are given in Annexure II.
5. For rating symbols for long term and short-term rating, definitions, criteria and
methodologies please refer to our website www.infomerics.com.
6. We would be issuing a Press Release to inform the regulators, investors and public
at large. The press release for the rating(s) will be communicated to you shortly.
7. INFOMERICS reserves the right to undertake surveillance/review of the rating(s)
from time to time, based on circumstances warranting such review till such time the
rated debt continues as per our policy on non-cooperation by clients on our website.
8. However, in the meanwhile, you shall continue to provide us with a No Default
Statement as at the last date of the month on the first date of the succeeding month
without fail. The NDS shall be mailed every month to nds@Infomerics.com and to
the mail id of the undersigned.
9. Please note that INFOMERICS ratings are not recommendations to buy, sell or hold
any security or to sanction, renew, disburse, or recall the bank facilities.
INFOMERICS do not take into account the sovereign risk, if any, attached to the
foreign currency loans, and the ratings are applicable only to the rupee equivalent of
these loans.
10. Users of this rating may kindly refer our website www.infomerics.com for latest
update on the outstanding rating.
Thanking you,
With Regards,
Rochita Purohit Om Prakash Jain
Designation: Rating Analyst Designation: Director- Ratings
Email: rochita.purohit@infomerics.com Email: opjain@infomerics.com
Disclaimer: Infomerics ratings are independent opinions on the credit risk of the issue/issuer as of the date
they are assigned and do not constitute statements of fact or recommendations to buy, hold or sell
securities. The rating reflects Infomerics’ opinion on the relative credit risk of the rated instrument or entity at
the time it is assigned. Infomerics reserves the right to change or withdraw the credit ratings at any point in
time. Infomerics ratings are based on information and data provided by the issuer or obtained from sources
believed by Infomerics to be accurate and reliable. Infomerics does not conduct any audit, due diligence or
independent verification of the rated issuer or of the information provided to it unless specifically required
under applicable regulatory guidelines. The credit ratings are not recommendations to sanction, renew,
disburse, or recall the concerned bank facilities. While reasonable care has been taken to ensure the accuracy
of the information herein, it is provided on an ‘as is’ basis and to the maximum extent permitted by law without
warranty of any kind. Infomerics makes no representation or warranty, express or implied, regarding the
accuracy, adequacy, timeliness, or completeness of any information contained in this report. All entities whose
bank facilities/instruments are rated by us have paid a credit rating fee, based on the amount and type of bank
facilities/instruments. Infomerics, or any of its group companies, may have provided other permissible services
other than credit ratings to the rated issuer in the ordinary course of business. To the maximum extent
permitted by applicable law, in no event shall Infomerics, its affiliates, or their respective directors, officers,
shareholders, employees, or agents be liable to any party for any direct, indirect, incidental, exemplary,
compensatory, punitive, special, or consequential damages, costs, expenses, legal fees, or losses (including,
without limitation, lost income, lost profits, or opportunity costs) arising from any use of this report. Any
person accessing or using this report shall do so at their own risk. Infomerics shall have no obligation to update,
revise or supplement this report after its publication except as required under applicable regulatory guidelines.
The ratings and reports issued by Infomerics are intended for use in accordance with applicable laws and
regulatory requirements governing credit rating agencies in India.
Annexure I
Name of ISIN Date Coupo Maturity Size of Rating Listing Regula Complexity
Facility/ of n Rate/ Date Facility Assigned/ Status tor^ Indicator
/Security Issuan IRR (Rs. Outlook
ce Crore)
INE0 June IVR B /Negative;
June 21,
NCD 50N0 22, 14.87% 0.20 ISSUER NOT Unlisted MCA Simple
2025@
7041 2020 COOPERATING*
INE0 June IVR B /Negative;
June 21,
NCD 50N0 22, 14.87% 0.18 ISSUER NOT Unlisted MCA Simple
2025@
7058 2020 COOPERATING*
INE0 Novem IVR B /Negative;
November
NCD 50N0 ber 9, 14.87% 1.01 ISSUER NOT Unlisted MCA Simple
8, 2025@
7173 2020 COOPERATING*
INE0 Novem IVR B /Negative;
November
NCD 50N0 ber 9, 13.00% 0.07 ISSUER NOT Unlisted MCA Simple
8, 2023@
7181 2020 COOPERATING*
INE0 Novem IVR B /Negative;
November
NCD 50N0 ber 9, 12.50% 0.05 ISSUER NOT Unlisted MCA Simple
8, 2023@
7199 2020 COOPERATING*
INE0 Novem November IVR B /Negative;
NCD 50N0 ber 23, 14.87% 22, 0.13 ISSUER NOT Unlisted MCA Simple
7223 2020 2025@ COOPERATING*
INE0 Novem November IVR B /Negative;
NCD 50N0 ber 23, 12.50% 22, 0.01 ISSUER NOT Unlisted MCA Simple
7231 2020 2023@ COOPERATING*
INE0 Decem IVR B /Negative;
December
NCD 50N0 ber 10, 12.50% 0.12 ISSUER NOT Unlisted MCA Simple
9, 2023@
7264 2020 COOPERATING*
INE0 Decem December IVR B /Negative;
NCD 50N0 ber 22, 13.00% 21, 0.10 ISSUER NOT Unlisted MCA Simple
7298 2020 2023@ COOPERATING*
INE0 Januar January IVR B /Negative;
NCD 50N0 y 22, 12.50% 21, 0.15 ISSUER NOT Unlisted MCA Simple
7330
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