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Orient Cement Ltd - Announcement under Regulation 30 (LODR)-Credit Rating
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01 Sep 2021
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:&lt;BR&gt; &lt;BR&gt; Facilities Amount (Rs. crore) Rating Remarks&lt;BR&gt; Long term Bank facilities 1,013.06 CARE AA-; Positive&lt;BR&gt; (Double A minus; Outlook: Positive) Reaffirmed; Outlook revised from Stable&lt;BR&gt; Long term/ Short Term Bank facilities 75.00 CARE AA-; Positive/Care A1+ (Double A minus; Outlook: Positive/ A one Plus) Assigned&lt;BR&gt; Total Bank Facilities 1,088.06 (Rupees one thousand eighty -eight crore and six lakhs only) &lt;BR&gt; Commercial Paper - Carved out of the sanctioned working capital limits of the Company 150.00 CARE A1+ (A One Plus) Re-affirmed&lt;BR&gt; Commercial Paper 100.00 CARE A1+ (A One Plus) Re-affirmed&lt;BR&gt; Total Instruments 250.00 (Rupees two hundred fifty crore only) &lt;BR&gt; &lt;BR&gt; This is for your information and records.&lt;BR&gt;
View all announcements for Orient Cement Ltd Source: BSE India

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