Andhra Cements Limited — Credit Ratings, 08-04-2026: Credit Rating
08-04-2026 | 04:10 pm
08-04-2026 | 04:10 pm
India Ratings & Research has placed Andhra Cements' bank loan facilities, totaling INR 986.97 Cr, on 'Rating Watch with Developing Implications.' This action follows the proposed amalgamation of ACL with its parent Sagar Cements. The watch signifies a potential upgrade, downgrade, or affirmation, pending merger completion and necessary approvals, which is anticipated in 9-12 months.
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