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As on : 21-Sep-2026
Hot Pursuit
21-Sep-2026     19:33

Knowledge Marine's credit ratings upgraded to “BBB+; Positive” by CARE Ratings

Knowledge Marine & Engineering Works Ltd has announced a revision in credit ratings for its various credit facilities, as communicated to the BSE Limited and The National Stock Exchange of India Limited. CARE Ratings Limited (“CARE Ratings”) has upgraded the outlook to “BBB+; Positive” for Long Term Bank Facilities amounting to Rs 502.25 crores, and reaffirmed “A2” for Short Term Bank Facilities, while also reaffirming “A2” for Short Term Bank Facilities totaling Rs 186.75 crores; similarly, CARE Ratings reaffirmed “BBB+; Stable/ CARE A2” for Long Term/ Short Term Bank Facilities amounting to Rs 11.00 crores, with the outlook revised from Stable to Positive for all aforementioned instruments, and a full rating letter is available on the company website at www.kmew.in.

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