KEC International credit ratings reaffirmed and enhanced by ICRA

KEC International Limited (BSE:KEC) today announced that ICRA Limited has reaffirmed and assigned credit ratings for its enhanced credit facilities, totaling Rs. 24,100 crore, up from Rs. 21,850 crore. The announcement, dated November 25, 2025, details the reaffirmation and enhancement across various long-term and short-term facilities.

Specifically, the Long Term - Fund-based - Working Capital Facilities of Rs. 3,000.00 crore were reaffirmed at [ICRA] A+ (Stable). The Long Term/Short Term Non-Fund Based Limits, now Rs. 16,800.00 crore (previously Rs. 15,500.00 crore), were reaffirmed/assigned for the enhanced amount at [ICRA] A+ (Stable)/[ICRA]A1+. Long Term/Short Term - Fund-based - Term loan of Rs. 137.50 crore was reaffirmed at [ICRA] A+ (Stable)/[ICRA]A1+.

Furthermore, Long Term/Short Term Unallocated Limits, increased to Rs. 287.50 crore from Rs. 92.50 crore, were reaffirmed/assigned for the enhanced amount at [ICRA] A+ (Stable)/[ICRA]A1+. The Short Term – Bill Discounting facilities, now Rs. 3,875.00 crore (previously Rs. 3,120.00 crore), were reaffirmed/assigned for the enhanced amount at [ICRA] A1+.