Kellton Tech Solutions Limited has informed the Exchange regarding a press release dated March 30, 2026, titled "Press Release on Credit Rating ".
KELLTONTEC · price
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Kellton Tech Solutions has received a credit rating upgrade from ICRA Limited, moving from [IND] BBB+ to [ICRA] A- with a Stable outlook. The upgrade is based on the company's strong operating performance, prudent financial management, comfortable leverage, and adequate debt coverage metrics. The company reported revenue of ₹903.1 crore in the first nine months of FY2026, showing continued growth momentum. ICRA also noted that more than 80% of Kellton's revenue comes from repeat clients, indicating a stable and sticky revenue base.
This is a positive development for shareholders — a higher credit rating lowers the company's future borrowing costs and signals financial strength, which is generally supportive of the stock price and investor confidence.