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Shree Cement receives a ‘CARE AAA’ rating
2022-10-12
According to information provided by Shree Cement Limited, CARE Ratings Limited has given the company’s long-term bank facilities totaling Rs 150 crore a ‘CARE AAA’ rating. It has provided these facilities a stable perspective. Additionally, with a stable outlook, CARE has reaffirmed the ‘CARE AAA’ rating on the company’s long-term bank facilities worth Rs 1,100 crore. The company has increased its short-term facilities ceiling from Rs 800 crore to Rs 1,200 crore. These establishments’ ‘CARE A1+’ grade has been reaffirmed.
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