KEC International’s credit ratings reaffirmed by ICRA with stable outlook

KEC International Limited (BSE: 532714, NSE: KEC) has announced that ICRA Limited, a credit rating agency, has reaffirmed the company's credit ratings for its banking facilities. The total fund-based and non-fund-based facilities rated amount to Rs. 21,850.00 crore.

Specifically, the Long Term - Fund-based - Working Capital Facilities, Long Term/Short Term Non-Fund Based Limits, Long Term/Short Term Fund-based Term Loans, and Long Term/Short Term Unallocated Limits have all been reaffirmed at [ICRA] A+ (Stable) or [ICRA] A+ (Stable)/[ICRA]A1+. The Short Term – Bill Discounting facility received a reaffirmed rating of [ICRA] A1+.

Additionally, the rating for External Commercial Borrowings (Foreign currency term loan) was reaffirmed at [ICRA] A+ (Stable) and subsequently withdrawn, as the facility has been fully paid off. This intimation was communicated by ICRA Limited via e-mail on August 29, 2025.