Mstc Limited has informed the Exchange about Credit Rating
MSTCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MSTC Limited has informed the exchange that CARE Ratings (now CareEdge Ratings) has reaffirmed its credit ratings on the company's bank facilities with no change. The long-term bank facility of Rs. 10 crore has been reaffirmed at CARE BBB+ with a Stable outlook, and the short-term bank facility of Rs. 100 crore has been reaffirmed at CARE A2. The total rated facilities amount to Rs. 110 crore, comprising a Rs. 10 crore cash credit and Rs. 100 crore in letter of credit/bank guarantee limits. The review was based on the company's operational and financial performance for FY25 (audited) and 9MFY26 (unaudited).
The rating reaffirmation signals that CARE Ratings views MSTC's credit profile as unchanged, suggesting stability in the company's financial health. This is a neutral-to-slightly-positive signal for shareholders, as it removes any near-term concern about a credit downgrade and supports the company's continued access to bank funding at existing terms.