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

This is to inform you that CARE Ratings Limited vide their letter dated November 23, 2022 has reviewed/assigned the below mentioned ratings of the Company: Facilities Amount (Rs. crore) Rating Remarks Long term Bank facilities 672.00 (Reduced from 1,013.06) CARE AA-; Stable (Double A Minus; Outlook: Stable) Reaffirmed; Outlook revised from Positive Long term/ Short Term Bank facilities 75.00 CARE AA-; Stable / CARE A1+ (Double A Minus; Outlook: Stable / A One Plus) Reaffirmed; Outlook revised from Positive Total Bank Facilities 747.00 (Rupees Seven Hundred Forty-Seven Crore only) Commercial Paper - Carved out of the sanctioned working capital limits of the Company 150.00 CARE A1+ (A One Plus) Re-affirmed Commercial Paper 100.00 CARE A1+ (A One Plus) Re-affirmed Total Short-term Instruments 250.00 (Rupees two hundred fifty crore only) This is for your information and records.