CARE Ratings has reaffirmed the CARE A1+ credit rating for ₹500 Crore of Shree Cement’s commercial paper. Additionally, a CARE A1+ rating has been assigned to another ₹500 Crore of commercial paper. This announcement was made on October 10, 2025.
Credit Rating Update
Shree Cement has received an update on its credit ratings for commercial paper from CARE Ratings. As of October 10, 2025, the following ratings actions have been taken:
Key Rating Actions
A CARE A1+ rating has been reaffirmed for commercial paper amounting to ₹500.00 Crores.
A CARE A1+ rating has been assigned to new commercial paper also amounting to ₹500.00 Crores.
Source: BSE
