Rama Steel Tubes Limited (RAMASTEEL) — Announcement
Rama Steel Tubes Limited disclosed that ICRA withdrew its long-term and short-term credit ratings for bank facilities totaling Rs. 110 crores, following a no-objection certificate from lenders and in line with ICRA's withdrawal policy. The filing confirms the ratings were withdrawn without indicating any change in underlying credit risk, with the previous rationale available via a provided link. The company's financials show declining profitability and deteriorating leverage ratios, though specific post-withdrawal guidance was not provided.
About Rama Steel Tubes Limited (RAMASTEEL)
Capital Goods · Industrial Products · Listed on NSE
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📊 More RAMASTEEL filings
- 🔴 Announcement — 6 July 2026 No summary available
- Financial Results — 26 June 2026 Rama Steel Tubes Limited announced that its trading window will close on July 1, 2026, and remain cl...
- 🟡 Board Meeting — 25 April 2026 Rama Steel Tubes announced the withdrawal of its proposed preferential issue of 15.34 million equity...
- 🔴 Insider Trading — 15 April 2026 Rama Steel Tubes received an administrative warning from SEBI for alleged insider trading violations...
- share transfer — 9 April 2026 Rama Steel Tubes Limited received a certificate from Bigshare Services Private Limited, its share tr...
🔥 Also filed on 13 July 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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