Kitex Garments Limited has received an update on its credit ratings from India Ratings and Research Private Limited. The rating agency, in its press release dated January 27, 2026, has affirmed and assigned credit ratings to the company's bank facilities. Specifically, bank loan facilities amounting to ₹2,440.00 million (₹244 crore) have been affirmed with ratings of IND A/Negative/IND A1. The outlook for these facilities has been revised to Negative. Additionally, bank loan facilities totaling ₹1,039.80 million (₹103.98 crore) have been assigned ratings of IND A/Negative/IND A1. The company has provided this intimation as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
