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The India Cements Limited — Credit Ratings, 26-06-2026: Credit Rating
26-06-2026 | 12:33 pm
26-06-2026 | 12:33 pm
CARE Ratings has reaffirmed The India Cements Limited's ratings for its Bank Facilities at CARE AAA; Stable and Commercial Paper at CARE A1+. This reflects strong parentage from UltraTech Cement, strategic importance, operational synergies, and significant debt reduction from ₹3,286 Cr to approximately ₹1,733 Cr by March 2026.
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