Kernex Microsystem receives upgrade in credit ratings for bank facilities

From CARE

Kernex Microsystem (India) has received revision in credit ratings from CARE Ratings as under:

Long term / short term bank facilities (Rs 125 crore) - CARE BBB; Stable / CARE A3+ (upgraded)

Long term bank facilities (Rs 10 crore) - CARE BBB; Stable (assigned)

Long term bank facilities (Rs 525 crore) - CARE BBB; Stable (upgraded)