Mahamaya Steel Industries Limited has announced that Infomerics Valuation and Rating Private Limited has reaffirmed its credit rating for the company's long-term bank facilities. The rating agency maintained the IVR BBB rating with a stable outlook, reflecting continued confidence in the steel manufacturer's financial position.

Credit Rating Details

The comprehensive rating information has been disclosed in compliance with SEBI regulations:

Regulatory Compliance

The disclosure has been made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the rating details in the format prescribed under SEBI Master Circular dated July 11, 2025. The information was communicated to both BSE Limited (Scrip Code: 513554) and National Stock Exchange of India Limited (Symbol: MAHASTEEL) on February 7, 2026.

Company Background

Mahamaya Steel Industries Limited operates from its registered office and works located in Urla Industrial Complex, Raipur, Chhattisgarh. The company serves as an approved supplier to major organizations including BSP, BHEL, DGS&D, DMRC, SAIL, RIL, NTPC, SEBs, RDSO, CORE, ONGC, GAIL, and EIL. The company manufactures various steel products including joist, channel, angle, flat, round, crossing sleeper bar, bloom, and billet.

The credit rating reaffirmation provides stakeholders with continued assurance regarding the company's creditworthiness and its ability to meet long-term banking obligations. The stable outlook indicates that the rating agency expects the company to maintain its current financial profile over the rating horizon.

Mahamaya Steel Industries Limited has announced its sales performance for January 2026, reporting total sales of 20,277.64 MT. The company disclosed this monthly business update in compliance with regulatory requirements under SEBI listing obligations.

Monthly Sales Performance

The steel manufacturer reported the following sales figures for January 2026:

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015. The company communicated these figures to both major stock exchanges where its shares are listed - BSE (Scrip Code: 513554) and NSE (Symbol: MAHASTEEL).

The disclosure was signed by Jaswinder Kaur Mission, Company Secretary & Compliance Officer, demonstrating the company's commitment to maintaining transparency with stakeholders and regulatory authorities.

Company Operations

Mahamaya Steel Industries Limited operates from its registered office and works located at Urla Industrial Complex in Raipur, Chhattisgarh. The company maintains various quality certifications including IS 2062:2011 and ISO 9001:2015, reflecting its commitment to quality standards in steel manufacturing.

The company serves as an approved supplier to several major organizations including BSP, BHEL, DMRC, SAIL, NTPC, ONGC, and GAIL, among others. Its product portfolio includes joists, channels, angles, flats, rounds, crossing sleeper bars, blooms, and billets.