Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Rating
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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.
Infomerics Ratings has reaffirmed the credit ratings of Kings Infra Ventures Limited but flagged them as 'ISSUER NOT COOPERATING' because the company failed to submit required data despite repeated requests, the latest being October 6, 2025. The long-term bank facilities (Rs. 10.40 crore) and non-convertible debentures (Rs. 3.71 crore) retain a rating of IVR B+ with a Negative outlook, while short-term bank facilities (Rs. 3.00 crore) are rated IVR A4. Total rated facilities stand at Rs. 13.40 crore. The ratings themselves have not changed from prior levels, but the agency has relied on best available information due to non-cooperation from the company.
The 'Issuer Not Cooperating' tag is a red flag for investors as it signals a lack of transparency and means the rating is based on outdated or limited information. The underlying ratings (IVR B+/A4) already sit in speculative/junk territory indicating high default risk, and the Negative outlook persists. This may raise concerns about governance and could negatively affect investor confidence and the stock's perception in the market.