NSECredit Rating- Revision2d ago · 3 Sept 2026, 07:58 pm
Credit Rating- Revision
Cemindia Projects Limited · CEMPRO
✦ AI Summary▲ PositiveRating Change
Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision by CARE Ratings Limited, upgrading its credit ratings to CARE AA-; Stable from CARE A+; Stable for various facilities.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision by CARE Ratings Limited
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ITD_03092026194741_STK_ltr_Creditrating_CARE.pdf
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Dept. of Corporate Services – Corporate Relationship, National Stock Exchange of India Limited,
BSE Limited, Listing Department,
Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block ‘G’ Bandra-
Mumbai - 400 001. Kurla Complex,
Bandra (East),
Mumbai - 400 051.
Scrip Code: CEMPRO
Scrip Code: 509496
Date Our Reference No. Our Contact Direct Line
3rd September, 2026 SEC/09/2026 RAHUL NEOGI 91 22 67680814
cs@cemindia.co.in
Sub: Revision in Credit Rating
Dear Sir/Madam,
Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended from time to time, it is hereby informed
that CARE Ratings Limited (Rating Agency) has communicated the revised credit ratings, as set
out below:
Facility Type Revised Rating Rating Action
Fund-Based Facilities
Long-term Term Loan CARE AA-; Stable Upgraded from CARE A+; Stable
Long-term Cash Credit CARE AA-; Stable Upgraded from CARE A+; Stable
Long-term Vendor
CARE AA-; Stable Upgraded from CARE A+; Stable
Financing
Commercial Paper (Short-term instrument) CARE A1+ (Upgraded from CARE A1)
Non-Fund-Based Facilities
BG/LC (LT/ST) CARE AA-; Stable / CARE Upgraded from CARE A+; Stable /
A1+ CARE A1
Kindly acknowledge receipt.
Thanking you,
Yours faithfully,
For Cemindia Projects Limited
(formerly ITD Cementation India Limited)
(RAHUL NEOGI)
COMPANY SECRETARY