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Shree Cements Ltd. — Capital/Financing Update 2024
Oct 9, 2024
62875_rns_2024-10-09_6d599fbb-3bd2-4a17-b96e-24d1933eacbc.pdf
Capital/Financing Update
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SCL/SE/2024-25/ 9[th] October, 2024
National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra – Kurla Complex, Bandra (East) MUMBAI – 400 051 SCRIP CODE: SHREECEM EQ Debt Segment NCD ISIN: INE070A07061
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI – 400 001
SCRIP CODE 500387 Debt Segment NCD ISIN: INE070A07061
Re: - Credit Rating
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Rating Agency i.e. CARE Ratings Limited has reaffirmed the credit rating as under:
1. Bank Facilities
| Facilities | Amount(₹ Crores) | Rating | Rating Action |
|---|---|---|---|
| LongTermBankFacilities | 2,050.00 | CARE AAA; Stable (Triple A;Outlook: Stable) | Reaffirmed |
| ShortTermBankFacilities | 2,000.00(Enhanced from 1,200.00) | CARE A1+ (A One Plus) | Reaffirmed |
2. Commercial Paper (CP)
| Instrument | Amount(₹ Crores) | Rating | Rating Action |
|---|---|---|---|
| Commercial Paper | 500.00 | CARE A1+(A One Plus) | Reaffirmed |
3. Non-Convertible Debentures
| Instrument | Amount(₹ Crores) | Rating | Rating Action |
|---|---|---|---|
| Non-ConvertibleDebentures | 700.00 | CARE AAA; Stable (Triple A;Outlook: Stable) | Reaffirmed |
Please take the same on record.
Thanking you,
For SHREE CEMENT LIMITED
Shyam Digitally signed by Shyam Sunder Sunder Khandelwal Khandelwal Date: 2024.10.09 17:26:03 +05'30'
(S.S. KHANDELWAL)
COMPANY SECRETARY
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