JKB Financial Services Ltd.

As on : 25-Sep-2026

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25-Sep-2026 20:09

ICRA reaffirmed enhanced ratings for Senco Gold’s Rs 880 crore fixed deposit program and bank facilities

Senco Gold Ltd announced that ICRA Limited has reaffirmed and assigned an enhanced amount for its Long-Term – Fixed Deposit Programme of Rs 880.00 crore at [ICRA]A+ (Stable), alongside reaffirming the Short-Term – Commercial Paper at [ICRA]A1, and reaffirming the Long-Term/Short-Term ratings for Fund-Based/Non-Fund-Based Working Capital Facilities and Unallocated Limits at [ICRA]A+(Stable) / [ICRA]A1, all totaling Rs 2400.00 and Rs 600.00 respectively. The rating agency also reaffirmed ratings across various bank lines, including Axis Bank, Bandhan Bank, and others, all carrying the [ICRA]A+ (Stable) / [ICRA]A1 rating, while also noting a moderated operating profit margin of 7.0% in Q1 FY2027 and expecting stabilization between 7.5% and 8.0% for FY2027.

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