Andhra Cements gets ratings reaffirmation for bank facilities

From CARE

Andhra Cements announced that on the basis of a review of the operational and financial performance of the Company for FY 14 & H1FY 15, the Rating Committee of Credit Analysis & Research (CARE) has revised the ratings as under

Long Term Bank Facilities Rs 877 crore - CARE BBB- (Reaffirmed)
Short Term Bank Facilities Rs 50 crore - CARE A3 (Reaffirmed)

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