BSECompany Update1d ago · 22 Oct 2026, 06:57 pm
Upgrade in Credit Rating
Ramco Systems Ltd · 532370
✦ AI Summary▲ PositiveRating Change
Ramco Systems Ltd has announced an upgrade in its credit rating by ICRA, with its long-term fund-based cash credit facility upgraded to A-(Stable) from BBB+(Stable) and short-term fund-based facilities upgraded to A2 from A2+.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
Ramco Systems Ltd - 532370 - Announcement under Regulation 30 (LODR)-Credit Rating
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October 22, 2026
National Stock Exchange of India Ltd., BSE Ltd.,
Exchange Plaza, 5th Floor Corporate Relationship Department
Plot No:C/1, G Block Phiroze Jeejheebhoy Towers
Bandra Kurla Complex, Bandra (E) Dalal Street, Mumbai – 400 001
Mumbai – 400 051 Scrip: 532370
Scrip: RAMCOSYS
Dear Sir/Madam,
Sub: Intimation of Credit Rating under Regulation 30 (6) of the SEBI (Listing Obligations &
Disclosure Requirements) Regulations, 2015 (SEBI LODR)
Ref: Upgrade in the Credit Rating
Pursuant to Regulation 30(6) of SEBI LODR, we wish to inform that, Rating Committee of ICRA, after due
consideration, has upgraded the ratings for Rs.150.00 crore Bank Facilities of Ramco Systems Limited as
per the table below:
Amount
Facilities (Rs.Cr.) Existing Rating Revised Rating
Existing Revised
Long Term Fund Based – Cash Credit 15.00 15.00 BBB+(Stable) A-(Stable)
Short Term Fund Based 75.00 60.00 A2 A2+
Short Term - Non-Fund Based 20.50 20.50 A2 A2+
Long Term / Short Term - Unallocated 39.50 54.50 BBB+ (Stable)/A2 A2+
Total 150.00 150.00
The rating communication from ICRA is enclosed.
The aforesaid information is also being hosted on the website of the Company www.ramco.com in
accordance with Regulation 46 of SEBI LODR.
Kindly take on record the same.
Yours sincerely,
For RAMCO SYSTEMS LIMITED
MITHUN V
COMPANY SECRETARY & COMPLIANCE OFFICER
Encl.: As above
Ramco Systems Limited
Corporate Office: 64, Sardar Patel Road, Taramani, Chennai 600 113, Tamilnadu, India.
Tel: +91 44 2235 4510 / 6653 4000, Fax: +91 44 2235 5704│CIN : L72300TN1997PLC037550
Registered Office: 47, P.S.K. Nagar, Rajapalayam 626 108, Tamilnadu, India.
Global Offices: India│Singapore│ Malaysia│Indonesia│Hong Kong│China│Vietnam│Macau│Japan│Philippines│Australia│
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www.ramco.com