JKB Financial Services Ltd.

As on : 24-Aug-2026

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24-Aug-2026 21:01

Keystone Realtors receives reaffirmed credit ratings from ICRA, including Rs. 1,000 Crore Issuer Rating

Keystone Realtors Ltd announced credit rating actions from multiple agencies, including ICRA, reaffirming its Issuer Rating of Rs. 1,000 Crore with a rating of [ICRA]AA-(Stable) and reaffirming Long Term – Fund Based – Term Loans at Rs. 395.00, Long Term -Fund Based -Overdraft at Rs. 4.10, and Long Term - unallocated at Rs. 600.90, all carrying a rating of [ICRA]AA-(Stable); ICRA also reaffirmed ratings for Term Loans at Rs. 395.00 and Rs. 95.00, Overdraft - Fund Based at Rs. 4.10, Unallocated - Fund Based at Rs. 600.90, and Non-convertible Debentures totaling Rs. 245.00 and Rs. 40.00, alongside assigning a rating of [ICRA]AA-/ (Stable) to proposed Non-convertible Debentures of Rs. 385 Crore and reaffirming existing Non-convertible Debentures of Rs. 285 Crore; additionally, ICICI Bank Limited Term Loans of Rs. 95.00 and Rs. 300.00 were assigned a rating of [ICRA]AA-(Stable), The Zoroastrian Cooperative Bank Limited OverDraft Facilities were assigned a rating of [ICRA]AA -(Stable), and SEBI reaffirmed ratings for Non -Convertible Debentures of Rs. 385.00, with all ratings subject to review and further details available on ICRA’s website (www.icra.in).

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