Kitex Garments Limited — Credit Ratings, 28-01-2026: Credit Rating

India Ratings & Research affirmed Kitex Garments' existing bank facilities (₹244.00 Cr) at IND A/Negative/IND A1, revising the outlook to Negative. New bank facilities totaling ₹103.98 Cr were also assigned an IND A/Negative/IND A1 rating. Investors should note the revised Negative outlook for the company's bank borrowings from the rating agency.