Announced Wed, 22 Jul · 19:45 IST
India Ratings withdraws Keystone Realtors bank loan rating
Credit & Debt View source PDF
RUSTOMJEE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹404.85
prior close
₹406.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4———-1.1+2.3+0.5———————
Up moveDown movePending
AI summary
India Ratings has withdrawn its IND A+/Positive rating on Keystone Realtors' INR 3,000 million ICICI Bank term loan facility after the company requested withdrawal and lenders gave no objection. The rating was affirmed at A+/Positive before being pulled. In FY26, Keystone's presales grew 33 percent year-on-year to INR 40.22 billion, supported by 17 ongoing projects in Mumbai with a gross development value of INR 192.42 billion.
Likely market impact
Neutral event. Rating was affirmed at A+/Positive before withdrawal, which was requested by the company itself. No negative credit signal.