Mahamaya Steel Industries Limited

NSE: MAHASTEEL

total announcements

MAHASTEEL.NS · 15 min delayed

NSEChange in Director(s)Mgmt Change26 Jun 2026

Change in Director(s)

Mahamaya Steel Industries Limited has informed the Exchange regarding Change in Director(s) of the company, recommending the re-appointment of Mrs. Vanitha Rangaiah as a Non-Executive Independent Director for a second term of 5 years.

Outcome of Board Meeting

Mahamaya Steel Industries Limited has announced the reappointment of Mrs. Vanitha Rangaiah as a Non-Executive Independent Director for a second term of 5 years, subject to approval by the members of the Company at the ensuing Annual General Meeting.

Credit Rating

Mahamaya Steel Industries Limited has received an initial credit rating from Brickwork Ratings India Private Limited for its bank facilities. The long-term bank facilities totaling Rs. 51.47 Crores have been assigned a 'BWR BBB+/Stable' rating, indicating a moderate degree of safety regarding timely servicing of financial obligations and low credit risk. The short-term non-fund based facilities of Rs. 15.00 Crores have been assigned a 'BWR A2' rating, signifying strong certainty of timely payment and very low credit risk. This is a first-time assignment, not a change.