Credit Rating

KEI Industries Limited announced that ICRA Limited has reaffirmed its credit ratings for both long-term and short-term bank facilities and commercial paper. The long-term rating remains at [ICRA]AA+ with a stable outlook, indicating a high degree of safety and very low credit risk for financial obligations. The short-term rating is reaffirmed at [ICRA]A1+, signifying a very strong degree of safety and lowest credit risk for timely payment of financial obligations, covering a total of Rs. 3810.00 crore in rated facilities.