Kitex Garments Receives Credit Rating Update from India Ratings

1 min read Updated on 28 Jan 2026, 03:04 PM

Reviewed by

Radhika SScanX News Team

Overview

Kitex Garments Limited disclosed credit rating actions by India Ratings and Research Private Limited dated January 27, 2026. The agency affirmed ₹2,440.00 million bank facilities at IND A/Negative/IND A1 rating with outlook revised to negative, and assigned the same rating to new facilities worth ₹1,039.80 million. The disclosure was made under SEBI Regulation 30 on January 28, 2026.

*this image is generated using AI for illustrative purposes only.

Kitex Garments Limited has announced credit rating actions taken by India Ratings and Research Private Limited on its bank facilities. The rating agency issued its press release on January 27, 2026, covering both existing and new banking arrangements for the textile manufacturer.

Credit Rating Details

India Ratings and Research Private Limited has taken comprehensive rating actions on Kitex Garments' banking facilities totaling ₹3,479.80 million. The rating actions encompass both affirmation of existing facilities and assignment of ratings to new banking arrangements.

Facility Type	Amount (₹ million)	Rating	Rating Action
Bank loan facilities	2,440.00	IND A/Negative/IND A1	Affirmed; Outlook revised to Negative
Bank loan facilities	1,039.80	IND A/Negative/IND A1	Assigned

The rating agency maintained the IND A/Negative/IND A1 rating across both facility categories while specifically revising the outlook to negative for the affirmed facilities.

Regulatory Compliance

Kitex Garments made this disclosure on January 28, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was addressed to both BSE Limited, where the company trades under scrip code 521248, and National Stock Exchange of India Limited, where it is listed under the symbol KITEX.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.45%	+28.37%	+2.57%	-27.77%	-7.64%	+81.15%

Kitex Garments Reports Zero Physical Share Transfer Requests During Special Re-lodgement Window

1 min read Updated on 27 Jan 2026, 02:47 PM

Reviewed by

Suketu GScanX News Team

Add as a preferred
source on Google

Overview

Kitex Garments Limited reported zero physical share transfer requests during the special re-lodgement window from July 07, 2025 to January 06, 2026. The compliance report, submitted on January 27, 2026, was filed in accordance with SEBI Circular dated July 02, 2025. Registrar Cameo Corporate Services Limited certified that no transfer requests were received, processed, approved, or rejected during this period.

*this image is generated using AI for illustrative purposes only.

Kitex Garments Limited has submitted its compliance report regarding the special window for re-lodgement of transfer requests of physical shares, confirming zero activity during the specified period. The report covers the duration from July 07, 2025 to January 06, 2026, as mandated by regulatory requirements.

Regulatory Compliance Report

The company filed its report on January 27, 2026, in accordance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025. Company Secretary and Compliance Officer Dayana Joseph submitted the documentation to both BSE Limited and National Stock Exchange of India Limited.

Transfer Request Statistics

Cameo Corporate Services Limited, serving as the company's Registrar and Share Transfer Agent, provided a comprehensive certificate detailing the transfer request metrics for the reporting period:

Parameter	Count
Requests under process at beginning	0
Requests received during period	0
Requests processed during period	0
Requests approved	0
Requests rejected	0
Requests under process at period end	0
Average processing time (days)	0

Certificate Details

The registrar's certificate, dated January 27, 2026, confirmed that no requests were received or processed under the "Special Window for Re-lodgement of Transfer Requests of Physical Shares" during the specified timeframe. This certification was issued based on records maintained by Cameo Corporate Services Limited in their capacity as Registrar and Transfer Agents.