Kings Infra Ventures announced that CRISIL has rated the bank facilities and the non-convertible debentures (NCDs) of the company as under:
Term bank loan facilities - Rs 21.7 crore
Long term rating - CRISIL B+/Stable (reaffirmed)
Short term rating - CRISIL A4 (reaffirmed)
Rs 10 crore NCDs - CRISIL B+/ Stable (assigned)
Rs 12.5 crore NCDs - CRISIL B+/ Stable (reaffirmed)
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