Sagar Cements receives affirmation in credit ratings
From India Ratings and Research
Sagar Cements announced that India Ratings and Research has affirmed the company's Long-Term Issuer Rating at 'IND A-'. The Outlook is Stable. The instrument-wise rating actions are given below:Fund-based working capital limit (Rs 132 crore) - IND A-/Stable / IND A2+ (affirmed)
Non-fund based working capital limit (Rs 100 crore) - IND A2+ (affirmed)
Term loan (Rs 135.65 crore) - IND A-/Stable (affirmed)
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