JKB Financial Services Ltd.

As on : 24-Sep-2026

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24-Sep-2026 13:06

Artemis Medicare receives reaffirmed credit ratings and an assignment from multiple agencies

Artemis Medicare Services Ltd announced reaffirmations and an assignment of credit ratings from multiple agencies, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. CARE Ratings Limited reaffirmed CARE A; Stable for Long Term Bank Facilities amounting to Rs 343.15 crore, previously Rs 427.90, and reaffirmed CARE A; Stable / CARE A2+ for Long Term / Short Term Bank Facilities amounting to Rs 45.00; they also reaffirmed ratings for Term Loans from Axis Bank Ltd (Rs 103.70), HDFC Bank Ltd (Rs 67.00), ICICI Bank Ltd (Rs 60.15), IDFC First Bank Ltd (Rs 24.44 and Rs 1.45), HDFC Bank Ltd (Rs 6.41), and assigned a BBB+ rating with a Stable outlook for Long-term bank loan facilities amounting to Rs 200 crore, noting a possible annual surveillance/review and continuous monitoring for certain bank facilities, while also indicating that some bank facilities are under review with an “ISSUER NOT COOPERATING” notation; CareEdge Ratings provided ratings reflecting opinions as on the date of the rating for unspecified bank facilities/instruments, and unspecified agencies provided reaffirmations with information regarding reaffirmation of Credit Rating, while no rating information was available from other agencies.

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