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Manaksia Steels requested withdrawal of credit ratings from multiple agencies, including CARE Ratings
08-Aug-2026, 12:25
Manaksia Steels Ltd announced that Care Ratings Limited has intimated the withdrawal of its Credit Rating, alongside a withdrawal of ratings for Bank Loan facilities and Bank facilities, citing a request from the company; additionally, CARE Ratings Limited mentioned a request in relation to unspecified matters, and ICRA Limited also noted a request, while CareEdge Ratings indicated that its ratings for Bank facilities/instruments reflect opinions as on the date of the rating, with no rating action specified, and CARE Ratings issued a withdrawal announcement without providing specific rating details.
Manaksia Steels Ltd announced that Care Ratings Limited has intimated the withdrawal of its Credit Rating, alongside a withdrawal of ratings for Bank Loan facilities and Bank facilities, citing a request from the company; additionally, CARE Ratings Limited mentioned a request in relation to unspecified matters, and ICRA Limited also noted a request, while CareEdge Ratings indicated that its ratings for Bank facilities/instruments reflect opinions as on the date of the rating, with no rating action specified, and CARE Ratings issued a withdrawal announcement without providing specific rating details.