Shree Cements Ltd. — Capital/Financing Update 2023

Sep 13, 2023

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SCL/BWR/SE/2023-24/ 13[th] 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 Agency i.e. CARE Ratings Limited has reaffirmed the rating to the proposed Non-Convertible Debentures (NCDs) of the Company as under:

Instrument	Amount (Rs. Crores)	Rating	Rating Action
Non-Convertible Debentures	700.00	CARE AAA; Stable (Triple A; Outlook: 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: 2023.09.13 15:49:53 +05'30' (S.S. KHANDELWAL)

COMPANY SECRETARY

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