Ramco Systems receives affirmation in ratings for bank facilities

From ICRA

Ramco Systems has received the following ratings for Rs 214.50 crore bank facilities of Ramco Systems. The outlook on the long term rating is revised from Stable to Negative.

Long term fund based / CC (reaffirmed) - ICRA A; Negative
Short term fund based facilities (reaffirmed) - ICRA A2+
Short term non-fund based facilities (reaffirmed) - ICRA A2+
Unallocated (reaffirmed) - ICRA A; Negative / ICRA A2+

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