ALPHA TRIBE

Kanoria Energy & Infrastructure LtdImportant, 12-09-2025: Company Update

12-09-2025 | 05:42 pm

Kanoria Energy & Infrastructure Limited's bank facilities have received a reaffirmed credit rating from Infomerics Rating. Long-term bank facilities totaling 99.99 Crore retain an IVR BBB-/Negative Outlook rating, while short-term facilities worth 30.00 Crore are reaffirmed at IVR A3. The total rated facilities amount to 129.99 Crore, a reduction from the previous 136.19 Crore. This reaffirmation indicates Infomerics' assessment of the company's continued moderate safety regarding financial obligations, though the negative outlook suggests potential future challenges. This update helps shareholders gauge the company's credit profile and its ability to manage debt.

No comments yet. Be the first to comment!

All announcements from Kanoria Energy & Infrastructure Ltd