Shree Cement confirms ₹1,000 cr commercial paper rating A1+
after close1 source ↓written by the desknot a recommendation
Shree Cement's ₹1,000 crore Commercial Paper program has been reaffirmed with a CARE A1+ rating by CARE Ratings. This rating reflects the company's strong short-term creditworthiness and ability to meet financial obligations. The confirmation is expected to ensure sustained access to short-term funds for the company.
• Rating reaffirmed on 1 May 2026
• Indicates excellent safety for timely payments
• Supports financial stability and liquidity management
Not investment advice. For informational purposes only.