BSECompany Update2d ago · 3 Sept 2026, 08:04 pm
Revision in Credit Rating by ICRA Limited, Please refer to the letter enclosed.
Cemindia Projects Ltd · 509496
✦ AI Summary▲ PositiveRating Change
Cemindia Projects Ltd has announced a revision in its credit rating by ICRA Limited, with its long-term term loan and working capital facilities upgraded to [ICRA]AA (Stable) from [ICRA]A+ (Stable).
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Cemindia Projects Ltd - 509496 - Announcement under Regulation 30 (LODR)-Credit Rating
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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 ICRA 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 [ICRA]AA (Stable) Upgraded from [ICRA]A+ (Stable)
Long-term Working
[ICRA]AA (Stable) Upgraded from [ICRA]A+ (Stable)
Capital
Non-Fund-Based Facilities
Non-fund based limits [ICRA]AA (Stable) / Upgraded from [ICRA]A+ (Stable) /
(LT/ST) [ICRA]A1+ [ICRA]A1
Kindly acknowledge receipt.
Thanking you,
Yours faithfully,
For Cemindia Projects Limited
(formerly ITD Cementation India Limited)
(RAHUL NEOGI)
COMPANY SECRETARY