CRISIL reaffirms Shree Cement’s credit ratings across facilities

Shree Cement Limited has received reaffirmed credit ratings from CRISIL Ratings Limited, effective October 9, 2025. The company's long-term bank facilities, totaling ₹4,500.00 Crores (enhanced from ₹2,300.00 Crores), maintain a "CRISIL AAA/Stable" rating for ₹2,000.00 Crores and "CRISIL A1+" for ₹2,500.00 Crores. The long-term ratings specifically reflect an enhancement from ₹1,100.00 Crores to ₹2,000.00 Crores, while short-term ratings saw an increase from ₹1,200.00 Crores to ₹2,500.00 Crores.

In addition to bank facilities, CRISIL also reaffirmed Shree Cement's "CRISIL A1+" rating for Commercial Paper, which has an amount of ₹1,000.00 Crores (enhanced from ₹500.00 Crores). Furthermore, the Non-Convertible Debenture of ₹700.00 Crores received a reaffirmed rating of "CRISIL AAA/Stable."

These reaffirmed ratings, disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, underscore Shree Cement's consistent financial strength as assessed by CRISIL.