Khadim India Limited has informed the Exchange about Credit Rating
KHADIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CARE Ratings has reviewed Khadim India's bank facilities totalling ₹182.95 crore based on its FY25 operational and financial performance. The long-term facilities of ₹151.45 crore (enhanced from ₹140.24 crore) were reaffirmed at CARE BBB, while short-term facilities of ₹31.50 crore were reaffirmed at CARE A3+. Both ratings continue to remain on 'Rating Watch with Developing Implications,' meaning the agency is monitoring for either positive or negative changes. The action is described as 'Reaffirmed; Continues to be on Rating Watch with Developing Implications' for both categories.
The rating reaffirmation is neutral, but the continued watch status keeps uncertainty around the company's credit profile alive. Shareholders should monitor future updates from CARE Ratings, as resolution of the watch could lead to either an upgrade or a downgrade, potentially affecting borrowing costs and investor sentiment.