KSR Footwear Limited has issued a clarification to BSE Limited regarding significant movement in its equity share price, responding to an inquiry dated January 05, 2026. The company addressed concerns about unusual trading activity in its shares through an official communication to the stock exchange.

Company's Response to BSE Inquiry

The footwear company received a surveillance communication from BSE Limited (Reference No. L/SURV/ONL/PV/APJ/ 2025-2026 / 834) seeking clarification on the significant price movement of its equity shares. KSR Footwear Limited, trading under scrip code 544615 with ISIN INE1SPP01016, provided a comprehensive response to address the exchange's concerns.

Compliance and Disclosure Status

KSR Footwear Limited emphasized its commitment to regulatory compliance as a newly listed company. The management confirmed that all material events and information have been disclosed to stock exchanges in a timely manner, adhering to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Management's Position on Price Movement

The company's management stated that there is currently no undisclosed information or announcement that could potentially impact the share price or trading volume. All material developments that could influence investor sentiment have been properly communicated to the stock exchanges as required by regulations.

The management attributed the observed price movement to market-driven factors rather than any specific corporate developments or undisclosed material information. This clarification aims to provide transparency to investors and regulatory authorities regarding the recent trading activity.

Regulatory Framework and Future Disclosures

KSR Footwear Limited reaffirmed its commitment to maintaining transparency and regulatory compliance. The company assured that it will continue to disclose all material information to stock exchanges as and when required, following the established regulatory framework for listed companies.

The clarification was signed by Company Secretary Shikha Jindal (ICSI Membership No. A58192) on behalf of KSR Footwear Limited, demonstrating the company's formal approach to addressing regulatory inquiries and maintaining investor confidence.

KSR Footwear Limited has announced that India Ratings and Research has assigned a credit rating of INDBB-/Stable/INDA4 to the company's bank loan facilities aggregating ₹320.00 million. The rating communication was issued on December 19, 2025, and has been disclosed to stock exchanges in compliance with regulatory requirements.

Credit Rating Details

India Ratings and Research, a Fitch Group company, has evaluated KSR Footwear Limited's banking facilities and assigned the following ratings:

The rating reflects the agency's assessment of the company's creditworthiness and ability to service its debt obligations. The stable outlook indicates that India Ratings expects the company's credit profile to remain consistent in the near term.

Facility Breakdown

The rated bank facilities are provided by Union Bank of India and comprise two main components:

The facilities are structured to support the company's working capital requirements, with the majority comprising non-fund-based limits that typically include letters of credit and bank guarantees.

Regulatory Compliance

KSR Footwear Limited has communicated this credit rating information to both BSE Limited (Scrip Code: 544615) and National Stock Exchange of India Limited (Symbol: KSR) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's disclosure demonstrates its commitment to maintaining transparency with stakeholders regarding material developments.

About the Rating Agency

India Ratings and Research, the rating agency that assigned this credit rating, is part of the Fitch Group and follows established criteria and methodologies for credit assessment. The agency has indicated that ratings may be subject to change based on new information, changes in financial performance, or other factors deemed material to the credit assessment.