Orient Cement Ltd - Announcement under Regulation 30 (LODR)-Credit Rating

This is to inform you that CARE Ratings Limited vide their letter dated August 31, 2021 has reviewed/assigned the below mentioned ratings of the Company:<BR> <BR> Facilities Amount (Rs. crore) Rating Remarks<BR> Long term Bank facilities 1,013.06 CARE AA-; Positive<BR> (Double A minus; Outlook: Positive) Reaffirmed; Outlook revised from Stable<BR> Long term/ Short Term Bank facilities 75.00 CARE AA-; Positive/Care A1+ (Double A minus; Outlook: Positive/ A one Plus) Assigned<BR> Total Bank Facilities 1,088.06 (Rupees one thousand eighty -eight crore and six lakhs only) <BR> Commercial Paper - Carved out of the sanctioned working capital limits of the Company 150.00 CARE A1+ (A One Plus) Re-affirmed<BR> Commercial Paper 100.00 CARE A1+ (A One Plus) Re-affirmed<BR> Total Instruments 250.00 (Rupees two hundred fifty crore only) <BR> <BR> This is for your information and records.<BR>