The Ramco Cements receives affirmation in credit ratings from ICRA

The Ramco Cements has received reaffirmation in credit ratings from ICRA as under:

Non-Convertible Debentures (Rs 400 crore) - AA+ (Stable) (reaffirmed)
Term Loan facilities (Rs 1550 crore) - AA+ (Stable) (reaffirmed)
Term Loan facilities (Rs 550 crore) - AA+ (Stable) (affirmed)
Long term fund based facilities (Rs 735 crore)- AA+ (Stable) (reaffirmed)
Short term fund based facilities (Rs 250 crore) - A1+ (reaffirmed)
Short term non-fund based facilities (Rs 485 crore) - A1+ (reaffirmed)
Commercial Paper / Short term debt (Rs 900 crore) - A1+ (reaffirmed)

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