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Ramco Systems receives reaffirmation in credit ratings for LoC

Capital Market 

From ICRA

Ramco Systems announced that ICRA has reaffirmed the credit ratings for Rs 214.50 crore line of credit of the company. The outlook for the long term rating is positive.

Long term fund based/CC - A-;Positive (reaffirmed)
Long term fund based / term loan - A-; Positive (assigned)
Short term fund based facilities - A2+ (reaffirmed)

Short term non-fund based facilities - A2+ (reaffirmed)
Unallocated - A-; Positive / A2+ (reaffirmed)

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 24 2020. 09:20 IST
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