Intimation of Credit Rating.

Mahamaya Steel Industries Ltd. announced that Brickwork Ratings India Private Limited has assigned initial credit ratings to its bank facilities. The long-term bank facilities of Rs 51.47 Crores received a 'BWR BBB+ / Stable' rating, while the short-term non-fund based facilities of Rs 15.00 Crores were assigned 'BWR A2'. This investment-grade rating provides enhanced financial transparency and may facilitate better access to credit for the company.