Shree Cement Limited has announced that the rating agency CRISIL Ratings Limited has reaffirmed the company’s credit rating for its commercial paper. The rating agency has maintained the CRISIL A1+ rating for an aggregate amount of ₹1,000 crore, reflecting the company’s strong financial stability and high creditworthiness in the capital markets.
Credit Rating Update
In a formal communication dated April 28, 2026, Shree Cement Limited confirmed that its commercial paper program has successfully undergone a rating review. The agency, CRISIL Ratings Limited, has reaffirmed the CRISIL A1+ rating for the company’s debt instrument.
Details of the Instrument
The rating applies to an amount of ₹1,000 crore, which is currently categorized under the company’s commercial paper program. The reaffirmation of the A1+ rating serves as a testament to the company’s robust liquidity position and its consistent track record in managing short-term debt obligations effectively. This rating action ensures continued confidence from institutional investors regarding the company’s financial instruments.
Source: BSE
