Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the ‘CGR 3’ rating assigned to the Corporate Governance practices adopted by KEI Industries. The company has adopted Corporate Governance practices which would provide its stakeholders adequate level of comfort on the degree of corporate governance.
The rating continues to reflect KEI’s clearly identifiable ownership pattern, well-defined organizational structure with initiatives for putting in place succession planning for the key top functions, adequate Management Information Systems (MIS) within the company and general compliance with statutory and regulatory requirements.
KEI Industries is a cable manufacturing company. It offers high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables.