Mahamaya Steel Industries Assigned Credit Ratings for Bank Facilities by Brickwork Ratings India
Brickwork Ratings India Private Limited has assigned credit ratings for the bank facilities provided to Mahamaya Steel Industries Limited. The assignments cover both long-term and short-term non fund based facilities, as communicated on June 22, 2026.The rating assignment focuses on two key financial instruments of the company. For the long term, Brickwork Ratings assigned a rating of BWR BBB+/Stable to the combination of Cash Credit Sanctioned at UCO Bank and GECL 2.0 Outstanding. This facility is valued at Rs 51.47 Crores.
The ratings for the short term non fund based facilities are also included in the assignment, with a rating of BWRa2 assigned against a sanction limit of (Rs 15.00) Crores. The overall grand total across both long-term and short-term facilities stands at Rs 51.47 Crores.
The details of the bank loan facilities rated by Brickwork Ratings are presented below:
| Facility Type | Instrument/Limit | Amount (Rupees Fifty One Crores and Forty Seven lakhs Only) | Rating Assignment |
|---|---|---|---|
| Long Term Fund Based | Cash Credit Sanctioned / GECL 2.0 Outstanding | Rs 51.47 Crores | BWR BBB+/Stable |
| Short Term Non Fund Based | Sub Limit (LC/BG) Sanctioned | (Rs 15.00) Crores | BWRa2 |
The ratings assigned by Brickwork Ratings India Private Limited are valid for twelve months from the date of communication, subject to agreed terms and conditions.
MAHASTEEL Stock Price Movement
Shares of Mahamaya Steel Industries Limited continue to climb as of 11:06 AM, currently sitting at ₹849.45 after gaining ₹6.40 or 0.76%. Trading volume stands at 867 shares during the active market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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