The Ramco Cements Limited — Credit Ratings, 19-12-2025: Credit Rating

ICRA Limited has reaffirmed The Ramco Cements' credit ratings. Long-term facilities, including term loans (approx Rs 4,464 Cr), are reaffirmed at [ICRA]AA+ (Stable). Short-term debt, including Commercial Paper (approx Rs 4,597 Cr), is reaffirmed at [ICRA]A1+. This indicates stable credit quality across its borrowing instruments.