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│ New Zealand│UAE│Saudi Arabia│USA│Canada│United Kingdom│Germany│Switzerland│Spain│Sudan│South Africa www.ramco.com