Cemindia Projects Ltd (CEMPRO) — Announcement | 3 September 2026 (2 announcements)

Cemindia Projects Limited announced that CARE Ratings upgraded its long-term term loan, cash credit, and vendor financing ratings from A+ to AA- with a stable outlook, while also upgrading its commercial paper rating from A1 to A1+ and non-fund-based facilities from A+ to A1. The revision reflects improved creditworthiness and stronger financial flexibility for the company.

Cemindia Projects Limited announced an upgrade in its credit ratings from [ICRA]A+ (Stable) to [ICRA]AA (Stable) for long-term term loan and working capital facilities, and from [ICRA]A+ (Stable)/[ICRA]A1 to [ICRA]AA (Stable)/[ICRA]A1+ for non-fund-based limits, reflecting improved financial standing and reduced risk profile for investors.