RAMCO SYSTEMS : ICRA UPGRADES RATINGS ON RS 15 CR BANK FACILITIES

• Long-term fund based cash credit (₹15 Cr) upgraded to A- (Stable) from BBB+ (Stable) • Short-term fund based ₹60 Cr and non-fund based ₹20.50 Cr upgraded to A2+ from A2 • Long-term/short-term unallocated line of ₹54.50 Cr rated A2+ • Total rated bank facilities unchanged at ₹150 Cr • Upgrade intimated under Regulation 30(6) of SEBI LODR

Ramco Systems Limited

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