FilingReader Intelligence

KPI Green Energy NCD rating reaffirmed, amount boosted

August 20, 2025 at 10:10 AM UTCBy FilingReader AI

ICRA Limited reaffirmed the Provisional [ICRA]AA+(CE) (Stable) rating for KPI Green Energy Limited's Non-Convertible Debentures. The rated amount for proposed NCDs was enhanced from Rs. 75 crore to Rs. 625 crore.

The rating reflects strength from a partial credit guarantee from GuarantCo, covering 65% of the initial NCD issuance amount.

The company's consolidated operating income for FY2025 was Rs. 1,736 crore, with OPBDITA/OI of 32.51%.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:KPIGREENBombay Stock Exchange

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