Sagar Cement gets reaffirmation in credit ratings

From India Ratings and Research

Sagar Cement announced that India Ratings and Research (Ind-Ra) has affirmed Sagar Cements' (SCL) Long-Term Issuer Rating at 'IND A-'. The Outlook is Stable. The instrument-wise rating actions are given below:

Fund-based working capital limit - IND A-/Stable / IND A2+ (affirmed)
Non fund based working capital limit - IND A2+ (affirmed)
Term loan - IND A-/Stable (affirmed)

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