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Cemindia Projects Ltd. sees credit rating upgrades from CARE Ratings Limited across multiple instruments

06-Nov-26   16:23 Hrs IST

Cemindia Projects Ltd announced a revision in credit ratings communicated by CARE Ratings Limited, impacting several instruments. CARE Ratings Limited upgraded the Long Term Bank Facilities rating to CARE AA; Stable, previously CARE AA-; Stable, and reaffirmed the Commercial Paper (Carved out) rating as CARE A1+. Additionally, the Long Term / Short Term Bank Facilities rating was upgraded to CARE AA; Stable / CARE A1+, with the LT rating previously at CARE AA-; Stable and the ST rating reaffirmed. There were no enhancements, assignments, or withdrawals related to any other rating agencies beyond the actions detailed by CARE Ratings Limited.

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