Pursuant to Regulation-30(6) read with Schedule III, Part A of SEBI (LODR) Regulation, 2015 and as per intimation received from Crisil Ratings Limited dated April 05, 2026, we wish to inform ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crisil Ratings has assigned an initial rating to KVS Castings Limited for its Rs. 80 crore bank facilities. The long-term rating is BBB- with Stable outlook, and the short-term rating is A3. The rating has been verbally communicated to the company, and this letter serves as a formal request for the company to accept or reject the assigned rating. The company director signed the acceptance on April 3, 2026. The BBB- rating is the lowest investment-grade rating, just one notch above junk status.
The rating reflects Crisil's opinion on the company's ability to service its bank obligations. A BBB-/Stable rating indicates moderate credit risk with stable outlook, suggesting the company can currently meet its obligations but has limited margin of safety.