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Shree Cements Ltd. — Capital/Financing Update 2023
Sep 2, 2023
62875_rns_2023-09-02_30cb0e46-f214-40bc-87cc-ecafb369882d.pdf
Capital/Financing Update
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SCL/BWR/SE/2023-24/ 2[nd] September, 2023
National Stock Exchange of India Limited, Exchange Plaza, Bandra – Kurla Complex, Bandra (East) MUMBAI – 400 051
SCRIP CODE: SHREECEM EQ
Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, 25[th] Floor, Dalal Street, MUMBAI – 400 023
SCRIP CODE 500387
Re:- Credit Rating
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform that Rating Agencies has Reaffirmed the rating of Commercial Paper, proposed Debt Issue / Non-Convertible Debentures as under:
1. CARE Ratings Limited
| Particulars | Particulars | Amount(Rs. Crores) | Rating | Rating Action |
|---|---|---|---|---|
| Commercial Paper(CP) | 500.00 | CARE A1+ | Reaffirmed | |
| Non-Convertible Debentures | 700.00 | CARE AAA/Stable | Reaffirmed | |
2. CRISIL Ratings Limited
| Particulars | Amount(Rs. Crores) | Rating | Rating Action |
|---|---|---|---|
| Commercial Paper(CP) | 500.00 | CRISIL A1+ | Reaffirmed |
| Non-Convertible Debentures | 700.00 | CRISIL AAA/Stable | Reaffirmed |
Please take the same on record.
Thanking you,
Yours faithfully,
For SHREE CEMENT LIMITED
SHYAM Digitally signed by SHYAM SUNDER SUNDER KHANDELWAL KHANDELWAL Date: 2023.09.02 12:03:13 +05'30'
(S.S. KHANDELWAL) COMPANY SECRETARY
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