KSR Footwear's Bank Loans Rated IND BB-/Stable/IND A4+ by India Ratings
KSR Footwear Limited has received a credit rating for its bank loan facilities from India Ratings & Research. The facilities, aggregating INR 320 Million (₹32 crore), have been assigned a rating of IN...
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Why is KSR Footwear Limited in the news today?
KSR Footwear Limited (KSR) is in the news due to the announcement is a routine credit rating update from a third-party agency and does not inherently contain positive or negative news for the company's operations or financial performance.
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KSR Footwear's Bank Loans Rated IND BB-/Stable/IND A4+ by India Ratings
December 19, 2025, 12:48 PM
KSR Footwear Limited has received a credit rating for its bank loan facilities from India Ratings & Research. The facilities, aggregating INR 320 Million (₹32 crore), have been assigned a rating of IND BB-/Stable/IND A4+ with an 'Assigned' rating action. The rating breakdown includes fund-based working capital limits of INR 150 Million (₹15 crore) and non-fund-based working capital limits of INR 170 Million (₹17 crore), both with Union Bank of India. This rating was communicated by India Ratings & Research on December 19, 2025.
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