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Andhra Cements credit rating announcements

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16:10 IST NSE
Credit RatingAndhra Cements Ltd ACL

Andhra Cements Credit Rating

India Ratings & Research has placed Andhra Cements Limited's ₹986.97 Crore bank loan facilities on Rating Watch with Developing Implications. The rating action follows the proposed amalgamation of the company with its parent, Sagar Cements Limited. Currently rated IND BBB/IND A3+, the watch reflects potential restructuring of the group's cement business and debt transfer.

Value
₹987.0 Cr