DCM Shriram Industries Limited — Credit Ratings, 07-04-2026: Credit Rating- Revision

DCM Shriram Industries' credit ratings have been downgraded by CARE Edge Ratings. Long-term bank facilities (₹441.79 Cr) and Fixed Deposits (₹15 Cr) are now CARE A-; Stable, down from CARE A+. Short-term bank facilities (₹11 Cr) moved from CARE A1+ to CARE A2+. The downgrade reflects FY25/9MFY26 performance and the NCLT-approved Composite Scheme of Arrangement.