ICRA reaffirms Ramco Cements’ credit ratings

The Ramco Cements Limited informed the National Stock Exchange of India and BSE Limited on December 19, 2025, that ICRA Limited has reaffirmed its credit ratings for the company's financial instruments. The ratings include A1+ for commercial paper (Rs. 900.00 crore), and AA+ (stable) for long-term fund-based term loan (Rs. 2902.00 crore), unallocated limits (Rs. 707.00 crore), and long-term fund-based others (Rs. 855.00 crore).

Additionally, short-term non-fund based others (Rs. 585.00 crore) and short-term fund-based others (Rs. 3112.00 crore) were reaffirmed at A1+. The reaffirmation covers a total rated amount of Rs. 8,161.00 crore across various categories, demonstrating ICRA's continued confidence in the company's financial stability.

The company received two letters from ICRA Limited, dated December 19, 2025, detailing these rating actions. K. Selvanayagam, secretary of The Ramco Cements Limited, signed the announcement.