DECCAN CEMENTS LIMITED : UPDATES CREDIT RATINGS OF BANK LOAN FACILITIES

• CRISIL Ratings Limited has assigned 'CRISIL BB /Stable' rating for long-term bank facilities and 'CRISIL A4+ ' rating for short-term bank facilities. • The rating dates are 06-07-2026 and verification status is 'Not-Verified'. • The company stated that all term loans have been paid, and on July 6, 2026, communication was sent to the rating agency before the rating rationale was released. • The company claims outstanding term loans were not rated at the time of communication, and the agency did not consider this communication or confirm with bankers. • Earlier ratings from CRISIL Ratings Limited for long-term facilities were 'CRISIL BBB /Stable' with 'Upgrade' action on 31-07-2025. • Earlier ratings for short-term facilities were 'CRISIL A3+' with 'Upgrade' action on 31-07-2025. Impact: Neutral (Credit rating update; company claims payment of loans prior to rating agency's communication.)

Deccan Cements Ltd-$

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