ScoutQuest13 Oct 2026
Kernex Microsystems India532686Credit rating upgrade

CARE upgrades Kernex Microsystems bank facilities to CARE BBB; Stable / CARE A3+

By ScoutQuest · · 1 min read

CARE BBBUpgraded · CARE Ratings Limited
PreviouslyCARE BBB-NowCARE BBB
Upgraded by CARE Ratings Limited · CARE BBB- to CARE BBB · outlook Stable.
Long-term rating
CARE BBB; Stable (upgraded from CARE BBB-; Stable)
Short-term rating
CARE A3+ (upgraded from CARE A3)
Facilities covered
Rs.125.00 crore and Rs.525.00 crore bank facilities (enhanced from Rs.100.00 crore and Rs.175.00 crore); new Rs.10.00 crore long-term…
Agency
CARE Ratings Limited
Action
Upgraded

CARE upgrades Kernex Microsystems bank facilities to CARE BBB; Stable / CARE A3+.

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More numbers
  • Long-term / short-term bank facilities (enhanced)125.00 (Rs. In Crore)
  • Previous long-term / short-term bank facilities100.00 (Rs. In Crore)
  • Long-term bank facilities (assigned)10.00 (Rs. In Crore)
  • Long-term bank facilities (enhanced)525.00 (Rs. In Crore)
  • Previous long-term bank facilities175.00 (Rs. In Crore)
Source: BSE · 13 Oct 2026

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