SHREE CEMENT LIMITED — Others, 25-06-2025: Security Cover Certificate

Shree Cement has announced a board meeting to consider the financial results for the quarter and half-year. The company’s Security Cover Certificate for secured listed NCDs of ₹700 Cr shows a security cover ratio of 0.44 times on book value and 6.51 times on market value as on March-end, improved from the previous quarter due to a reduction in ECB, term loans, and other borrowings from ₹173.46 Cr to ₹89.83 Cr. The company has complied with all financial covenants related to these debt securities, reflecting strong asset coverage and prudent debt management.