UltraTech Cement Limited — Credit Ratings, 07-02-2026: Credit Rating

UltraTech Cement: Fitch Ratings reaffirmed the company's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BBB-', maintaining a Stable outlook. Fitch also affirmed the 'BBB-' rating for UltraTech's USD 400 million 2.80% senior unsecured notes due 2031. This reaffirmation follows the rating agency's updated Corporate Rating Criteria.