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JK LAKSHMI CEMENT LTD. - Credit Rating
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23 Feb 2015
JK Lakshmi Cement Ltd has informed BSE that based on the consistent good Operating &amp; Financial performance together with strong key financial ratios and a healthy Balance Sheet, Credit Analysis &amp; Research Ltd (CARE) has upgraded the rating for the Company&apos;s Long Term Banking facilities as well as the existing and the proposed NCD Issue of Rs. 200 Crore from the earlier assigned rating of AA- (Double A Minus) to AA (Double A).&lt;BR&gt;&lt;BR&gt;The rating for Short Term Bank Borrowings of Rs. 350 Crore and Commercial Paper Program of Rs. 120 Crore continues to be highest possible rating of CARE A1+ (A One Plus).
View all announcements for JK LAKSHMI CEMENT LTD. Source: BSE India