Kings Infra Ventures Ltd — Important, 10-10-2025: Company Update
10-10-2025 | 07:24 pm
10-10-2025 | 07:24 pm
Kings Infra Ventures Limited has issued a strong response to a credit rating report from Infomerics Valuation and Rating Limited. The company disputes the report, citing significant factual inaccuracies, including an incorrect outstanding Non-Convertible Debenture amount (stated as 3.71 Cr instead of the actual 1.61 Cr) and the mention of non-existent long-term borrowing. KIVL clarified the report was published without management review or data verification and has formally requested its withdrawal. The company noted its current credit rating is with CRISIL, reiterating its commitment to transparency for stakeholders.
No comments yet. Be the first to comment!
