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KEI Industries CARE CGR Rating revised to 3+

CARE has Revised KEI’s CGR Rating to 3+

KEI Industries logo

KEI Industries Ltd informed the Stock Exchanges on 7th April 2017 that CARE has revised the Corporate Governance Ratings of KEI from CGR 3 to CGR 3+.

The company’s communication reads “In CARE’s opinion, the Company has adopted corporate governance practices which would provide its stakeholders adequate level of comfort on the degree of corporate governance”.

About KEI Industries Ltd: KEI Industries is a Delhi based cable manufacturing company. It manufactures a varied range of cables from house wires to EHV cables. It is among the market leaders for cables in India. KEI also provides some T&D related EPC solutions.