Credit rating agency, CARE has revised the rating of Kilburn Engineering’s Cash Credit Facilities worth Rs 30 crore to ‘BBB-’ from ‘BB+’. The rating agency has also revised the rating of company’s Bank Guarantee/LC worth Rs 100 crore to ‘BBB-/A3’ from ‘BB+’.
Kilburn Engineering is engaged in designing, engineering and manufacturing of chemical, petro-chemical, process offshore, oil and Gas, Fertilizer and Cement. It products include dryers and coolers, adsorption systems, oil field systems, heat transfer systems, fabricated equipments, material handling systems and, air and dust handling systems.
