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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Ramco Systems Ltd

Ramco Systems: Credit Rating Upgraded on Rs. 150 Cr Bank Facilities

RATING ▲ Positive Development LOW RISK
📅 Filed on BSE: 22 Oct 2026, 06:57 PM IST  ·  BSE ID: a53c0fa6-5d1c-403f-8772-24050f0c442d
View Original BSE Filing (PDF)
💡
In Simple Terms
Ramco Systems' ability to borrow money from banks has been rated better by a credit agency.
🤖 AI Summary
  • Ramco Systems' Rs. 150.00 crore bank facilities credit rating upgraded by ICRA.
  • Long-term fund-based rating revised from BBB+(Stable) to A-(Stable).
  • Short-term fund-based and non-fund-based ratings moved from A2 to A2+.
  • Unallocated facilities rating also revised upwards to A2+.
  • Upgrade applies to bank facilities totalling Rs. 150.00 crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Bank Facilities Rated
Rs. 150.00 crore
Long Term Fund Based - Cash Credit Facility
Rs. 15.00 crore
Short Term Fund Based Facility
Rs. 60.00 crore
Short Term - Non-Fund Based Facility
Rs. 20.50 crore
Long Term / Short Term - Unallocated Facility
Rs. 54.50 crore
🏢 How This Affects the Company
📈
Business Impact
An improved credit rating can enhance the company's standing with financial institutions, potentially facilitating easier access to future funding at competitive terms.
💰
Financial Impact
This upgrade may lead to reduced borrowing costs on its existing Rs. 150.00 crore bank facilities, positively impacting interest expenses.
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Risk Impact
The upgrade suggests a reduction in financial risk perceived by the rating agency, indicating improved stability in the company's credit profile.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders.
👤
Who Is Affected
All shareholders are indirectly affected by an improved credit profile which can support future growth and financial stability.
🔍
Management Signal
The upgrade signals management's success in enhancing financial discipline and operational efficiency, as recognized by an external rating agency.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Next ICRA rating review for any further changes.
Company's subsequent quarterly financial results.
Management commentary on credit rating impact.
LOW RISK Credit rating upgrade by ICRA indicates reduced financial risk and improved financial stability.
💡 Investor Takeaway
ICRA upgraded Ramco Systems' Rs. 150.00 crore bank facilities to A-(Stable) from BBB+(Stable) for long-term and A2+ from A2 for short-term ratings.
⚖️ Strengths & Concerns

✅ Positives

  • Long-term fund-based facilities rating improved from BBB+(Stable) to A-(Stable).
  • Short-term ratings for Fund Based and Non-Fund Based facilities upgraded to A2+.
❓ Frequently Asked Questions
What is the total value of bank facilities for Ramco Systems with upgraded credit ratings?
The total value of bank facilities with upgraded credit ratings for Ramco Systems is Rs. 150.00 crore.
What was Ramco Systems' long-term fund-based credit rating before the upgrade?
Ramco Systems' long-term fund-based credit rating was BBB+(Stable) before the upgrade.
What is the revised long-term credit rating for Ramco Systems' fund-based facilities?
The revised long-term credit rating for Ramco Systems' fund-based facilities is A-(Stable).
What are the revised short-term credit ratings for Ramco Systems' facilities?
The revised short-term credit ratings for Ramco Systems' facilities, including Fund Based and Non-Fund Based, are A2+.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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