Shree Cement ratings reaffirmed for bank facilities and debt instruments

Shree Cement Limited announced on October 2, 2025, that CARE Ratings Limited has reaffirmed its credit ratings for the company's bank facilities and debt instruments. Long-term bank facilities, enhanced to ₹3,095.42 Crores from ₹2,050.00 Crores, received a 'CARE AAA; Stable' rating. Short-term bank facilities, increased to ₹2,500.00 Crores from ₹2,000.00 Crores, were reaffirmed at 'CARE A1+'. All bank facility ratings were reaffirmed.

The rating agency also reaffirmed the 'CARE A1+' rating for the company's Commercial Paper (CP) amounting to ₹500.00 Crores. Furthermore, Non-Convertible Debentures totaling ₹700.00 Crores maintained their 'CARE AAA; Stable' rating.

These affirmations indicate a consistent positive assessment of Shree Cement's creditworthiness by CARE Ratings Limited, reflecting stability in its financial health across different funding mechanisms. The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.