We wish to inform you that Infomerics Ratings has reaffirmed the Ratings to the company as per the below attachment.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Infomerics Ratings has reaffirmed the credit ratings of Shri Keshav Cements and Infra Ltd on total bank loan facilities of Rs. 269.35 crore, all availed from Canara Bank. The long-term rating stands reaffirmed at IVR BBB-, but the outlook has been revised from 'Stable' to 'Negative', indicating rising credit risk concerns. The short-term rating of IVR A3 has been reaffirmed with no change. The rating is valid until June 8, 2027, and applies to term loans, cash credit, and bank guarantee facilities.
The shift to a 'Negative' outlook is a warning signal that the rating agency may downgrade the company if its financial performance weakens further, which could lead to higher borrowing costs and reduced investor confidence. Shareholders should monitor the company's FY26 results and debt servicing closely.