ICRA reaffirmed ratings for Duncan Engineering Ltd’s various facilities, expiring August 2026

Duncan Engineering Ltd announced that ICRA reaffirmed and assigned ratings for various instruments, including Long term – Fund based – Cash credit facilities totaling 14.00, Short term – non-fund based – Others facilities amounting to 14.50, Long-term - Fund -based - Cash credit facilities of 14.00 with RBI, Short -term - Non -fund based - Others facilities of 14.50 with RBI, Long -term - Fund -based - Cash credit facilities of 14.00, Short -term - Non -fund based - Others facilities of 14.50, Kotak Mahindra Bank Limited Cash Credit facilities of 14.00, Kotak Mahindra Bank Limited Non Fund -Based Facilities of 14.50, Cash Credit facilities of 14.00, and Non Fund -Based Facilities of 14.50; specifically, ICRA assigned [ICRA]BBB+(Stable) to the Long term – Fund based – Cash credit and Long -term - Fund -based - Cash credit facilities, [ICRA]A2 to the Short term – non-fund based – Others and Short -term - Non -fund based - Others facilities, and assigned ratings of BBB+(Stable) and A2 to Cash Credit and Non Fund -Based Facilities respectively, all with expiry dates of August 14, 2026, with no withdrawals or enhancements noted.