KEI Industries maintains strong credit ratings, withdraws fixed deposit program

KEI Industries Limited announced on September 26, 2025, that CARE Ratings Limited has reaffirmed its credit ratings for both long-term bank facilities and short-term bank facilities/commercial paper. The long-term bank facilities are rated CARE AA+; Stable, indicating a high degree of safety and very low credit risk. The short-term bank facilities/commercial paper are rated CARE A1+, signifying a very strong degree of safety and the lowest credit risk.

The company also reported the withdrawal of its fixed deposit program. It stated, "Withdrawn, as per request of the Company. No Fixed Deposit raised or repayable by the Company during the year and Fixed Deposit outstanding or payable is Nil as on date."

The long-term bank facilities total INR 1,200.00 crore, comprising INR 600.00 crore in term loans and INR 600.00 crore in fund-based limits. The short-term bank facilities amount to INR 2,650.00 crore. Total facilities (long-term + short-term) sum up to INR 3,850.00 crore. Additionally, a commercial paper issue aggregating INR 30.00 crore was also reaffirmed at CARE A1+.