NSECredit Rating18 Jun 2026 · 18 Jun 2026, 05:57 pm
Credit Rating
Rajratan Global Wire Limited · RAJRATAN
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Rajratan Global Wire Limited has informed the Exchange about ICRA Limited reaffirming the assigned ratings for the bank facilities totaling to Rs. 438.88 Crores.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Rajratan Global Wire Limited has informed the Exchange about Credit Rating
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RAJRATAN_18062026175711_20260618CreditRating.pdf
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RGWL/26-27/
5th June, 2026
To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers ‘Exchange Plaza’, C-1, Block G,
Dalal Street Bandra Kurla Complex,
Mumbai 400001 Bandra (E), Mumbai – 400 051
Scrip Code – 517522 Symbol - RAJRATAN
Sub: Credit Rating - Disclosure under Regulation 30 SEBI (Listing Obligation and
Disclosure Requirements) Regulation, 2015
Dear Sir,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to intimate you that ICRA Limited has reaffirmed the assigned
ratings for the bank facilities totalling to Rs. 438.88 Crores as per rating letter attached herewith.
The rating rational shall be available on the website on ICRA Limited in due course.
You are requested to take above information on your record.
Thanking You
Yours Faithfully
For RAJRATAN GLOBAL WIRE LTD.
Shubham Jain
Company Secretary & Compliance Officer
ICRA Limited
ICRA/Rajratan Global Wire Limited/18062026/01
Date: June 18,2026
Mr. Sunil Chordia
MD and Chairman
Rajratan Global Wire Limited
'RajratanHouse' 11/2 Meera Path Dhenu Market,
Indore., Madhya Pradesh, India, 452003
Dear Sir,
Re: Rajratan Global Wire Limited
following rating actions for the mentioned instruments of your company.
Rated Amount
Instrument Rating Action1
(Rs. crore)
[ICRA] A+ (Stable); reaffirmed/ assigned
Long Term Fund based Cashcredit 125.25
for enhanced amount
Long Term Fund based Term Loan 178.27 [ICRA] A+ (Stable); assigned
Short Term Non-Fundbased CEL 0.36 [ICRA] A1; assigned
Short term fund based Export packing credit 20.00 [ICRA] A1; assigned
Short Term Non-Fundbased Letter of Credit 95.00 [ICRA] A1; assigned
Short Term Non-Fundbased Channel finance 20.00 [ICRA] A1; assigned
[ICRA]A+ (stable) / [ICRA] A1; to be
Long Term/Short Term Unallocatedlimits 0.00
reaffirmed
Total 438.88
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter.
However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information
becoming available, or the required information not being available, or other circumstances that ICRA believes could
have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRAwebsiteatwww.icra.infor
latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in
the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and
conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used
by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed
by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously
assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this
letter, would constitute an enhancement that wouldnot be covered by or under the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as
recommendation to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount
of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other
developments which may have a direct or indirect impact on the debt servicing capability of the company including any
proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with
1Complete definitions of the ratings assigned are available at www.icra.in.
BBuuiillSddeiinnnggs NNitooiv.. i88ty,, 22LnadbFelolo :r ,R Teoswterirc Ated Tel.: +91.124 .4545300 Website: www.icra.in
DDLLFF CCyybbeerr CCiittyy,, PPhhaassee IIII CIN: L749999DL1991PLC042749 Email: info@icraindia.com
GGuurruuggrraamm 112222000022,, HHaarryyaannaa Helpdesk: +91 9354738909
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41
RATING RESEARCH INFORMATION
any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company
to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities
through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing
limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
K Srikumar
Senior Vice President & Co-Group Head
ksrikumar@icraindia.com
Sensitivity Label : Restricted
Annexure
Details of Bank Limits Rated by
ICRA (Rated on Long-Term Scale)
Amount (Rs. crore) Rating Rating Assigned On
Cash Credit Limits
State Bank of India 45.25
HDFC Bank Limited 30.00
Citibank N. A. 25.00
ICICI Bank Limited 10.00
Kotak Mahindra Bank Limited 15.00 June 12,2026
(Stable)
Term Loans
HDFC Bank Limited 136.00
Kotak Mahindra Bank Limited 17.00
Federal Bank 20.00
Citibank N. A. 5.27
Total(A+B) 303.52
Details of Bank Limits Rated by Amount (Rs. crore)
ICRA (Rated on Short-Term Scale) Rating Rating Assigned On
State Bank of India 0.36
Export packing credit
ICICI Bank Limited 20.00
Letter of Credit [ICRA] A1 June 12,2026
HDFC Bank Limited 25.00
ICICI Bank Limited 70.00
Channel finance
Yes Bank Limited 20.00
Total 135.36
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