ICRA reaffirms A1+s rating to KEC International’s Commercial Paper

KEC International Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532714 | NSE: KEC

14 Jun 2013 Evaluate

ICRA has reaffirmed A1+s rating to KEC International’s (KEC) Commercial Paper (CP) Programme aggregating to Rs 75 crore which was enhanced from Rs 50 crore. The company has received the said rating on the back of Standby Letters of Comfort in place from Central Bank of India for Rs 50 crore, and Allahabad Bank for Rs 25 crore.

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission, power systems, cables, railways, telecom and water.

Peers

Company Name	CMP
Larsen & Toubro	3860.00
Kalpataru Projects	1447.10
NCC	137.00
Rail Vikas Nigam	210.30
KEC International	402.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.