Sagar Cements Limited (SAGCEM) — Announcement | 3 July 2026

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Sagar Cements received a credit rating downgrade from India Ratings, reducing its long-term bank loan rating to IND BBB from IND BBB+ with a Stable outlook, while short-term facilities remain at IND A3+. The downgrade reflects concerns about the company's financial position, though no specific financial metrics were disclosed in the filing. The rating actions affect all bank facilities including working capital limits and term loans across multiple lenders.

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About Sagar Cements Limited (SAGCEM)

Construction Materials · Cement & Cement Products · Listed on NSE

Market Cap: ₹2,364.11 Cr P/E: -17.9

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