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Kei Industries Ltd. - Announcement under Regulation 30 (LODR)-Credit Rating

| Updated on July 22, 2019

Dear Sir / Madam,

This is to inform you that ICRA Limited has reaffirmed the rating assigned to Long Term Bank Facilities as [ICRA]A Stable (pronounced ICRA A Stable). Instruments/Facilities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments / facilities carry low credit risk. ICRA has also reaffirmed the rating assigned to Short Term Bank Facilities and Commercial Paper as [ICRA]A1 (pronounced ICRA A One).Instruments/Facilities with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments/facilities carry lowest credit risk.

Further, ICRA has reaffirmed the rating assigned to Medium Term Instrument i.e. Fixed Deposits Programme of the Company as MA+ Stable (pronounced MA plus Stable). MA+ indicate adequate credit quality rating assigned by ICRA. The rated deposits carry average credit risk.

This is for your information.

Pdf Link: Kei Industries Ltd. - Announcement under Regulation 30 (LODR)-Credit Rating

Source : BSE - www.bseindia.com

Published on July 22, 2019

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