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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Duncan Engineering has informed the stock exchange that ICRA has reaffirmed its credit ratings on the company's bank facilities. The long-term fund-based cash credit limit of Rs. 9.50 crore from Kotak Mahindra Bank has been reaffirmed at [ICRA]BBB+ with a Stable outlook. The short-term non-fund-based facility of Rs. 1.60 crore has been reaffirmed at [ICRA]A2. Total rated amount stands at Rs. 11.10 crore. The ratings were originally assigned on August 8, 2025 and communicated on August 18, 2025.
This is a neutral event for shareholders — the ratings have been maintained at their existing levels (investment-grade BBB+ Stable for long-term and A2 for short-term), indicating that the rating agency views Duncan Engineering's credit profile as unchanged. No immediate positive or negative movement in the stock is expected from this disclosure alone.