Rama Phosphates Limited (RAMAPHO) — Announcement

· NSE 🔴 High Importance ⚠️ Negative

Rama Phosphates Limited announced that ICRA has placed its long-term and short-term credit ratings on a negative watch following a revision of the company's credit rating framework, with the long-term facility amount increasing from Rs. 80.00 crores to Rs. 100.00 crores and the short-term facility from Rs. 48.00 crores to Rs. 60.00 crores. The credit rating agency cited negative implications and watch status for both fund-based and non-fund-based facilities, signaling heightened risk concerns for investors.

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About Rama Phosphates Limited (RAMAPHO)

Chemicals · Fertilizers & Agrochemicals · Listed on NSE

Market Cap: ₹473.01 Cr P/E: 9.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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