Kernex Microsystems Receives CARE BBB- Rating for Bank Facilities
Filing Summary
Kernex Microsystems India Ltd. has received credit ratings from CARE Ratings Limited for its bank facilities, as per a letter dated November 3, 2025. The company’s Long Term Bank Facilities, amounting to ₹175 crore, have been assigned a CARE BBB-; Stable rating. Additionally, its Long Term / Short Term Bank Facilities of ₹100 crore received a rating of CARE BBB-; Stable / CARE A3. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.
Kernex Microsystems (India) Limited announced it has received a credit rating letter from CARE Ratings Limited. The letter is dated November 3, 2025, and the disclosure was made under SEBI (LODR) Regulations, 2015.
The ratings pertain to the company’s bank facilities. The Long Term Bank Facilities, with an amount of ₹175 crore, were assigned a CARE BBB-; Stable rating. The Long Term / Short Term Bank Facilities, amounting to ₹100 crore, received a dual rating of CARE BBB-; Stable / CARE A3.
CARE Ratings Limited is a credit rating, research, and advisory company in India. It provides ratings for a wide range of debt instruments and bank facilities for corporate entities, financial sector companies, and public sector undertakings. The agency’s services also include infrastructure and project finance ratings.
Kernex Microsystems (India) Limited specializes in the conceptualization, design, and manufacturing of safety and signaling systems for the railway sector. Its product portfolio includes anti-collision systems, train collision avoidance systems (TCAS), and other safety-critical electronics for railway operations. The company provides solutions for both domestic and international railway networks.