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    ALPHA TRIBE

    Newmalayalam Steel Limited — Credit Ratings, 18-02-2026: Credit Rating

    18-02-2026 | 07:10 pm

    CARE Ratings reaffirmed Newmalayalam Steel's bank facilities. Long-term bank facilities, now ₹22.04 Cr (reduced from ₹26.29 Cr), hold 'CARE BBB-; Stable'. Short-term facilities are rated 'CARE A3'. This decision, based on solid operational and financial performance through H1FY26, maintains a Stable outlook.

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