Seamec Limited has informed the Exchange about Credit Rating- Revision

Rating Watch NegativeCredit & Debt View source PDF

SEAMECLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.5%1-day move

₹1430.30

prior close

₹1448.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.8+2.1+1.5+1.1+3.5+7.7+5.3+5.6+6.4+9.4+8.9+11.0+15.3+2.2

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AI summary

Seamec Limited informed exchanges that CRISIL Ratings has assigned a Short Term Rating of 'Crisil A1/Watch Developing' for the company's bank facilities, in addition to the existing Long Term Rating of 'CRISIL A+/Watch Developing'. Both ratings continue to remain on 'Rating Watch with Developing Implications'. The total bank loan facilities rated stand at Rs. 533 crore. The rating action was disclosed under SEBI Listing Regulations, with the information also available on the company's website.

Likely market impact

The ratings are investment grade (A+ and A1), but being placed on 'Watch Developing' signals uncertainty about future performance, which could lead to a downgrade if developments are negative. Shareholders should monitor upcoming rating actions closely.