Corporate News     23-Feb-15
JK Lakshmi Cement gets ratings upgrade for Bank borrowings & proposed NCD issue
From CARE
JK Lakshmi Cement announced that based on the consistent good Operating & Financial performance together with strong key financial ratios and a healthy Balance Sheet, Credit Analysis & Research (CARE) has upgraded the rating for the Company's Long Term Banking facilities as well as the existing and the proposed NCD Issue of Rs. 200 crore from the earlier assigned rating of AA- (Double A Minus) to AA (Double A).

The rating for Short Term Bank Borrowings of Rs. 350 crore and Commercial Paper Program of Rs. 120 crore continues to be highest possible rating of CARE A1+ (A One Plus).

Previous News
  JK Lakshmi Cement consolidated net profit rises 19.12% in the December 2022 quarter
 ( Results - Announcements 10-Feb-23   17:51 )
  JK Lakshmi Cement announces board meeting date
 ( Corporate News - 25-Oct-24   10:40 )
  Volumes soar at Welspun Corp Ltd counter
 ( Hot Pursuit - 20-May-22   14:30 )
  Volumes spurt at JK Lakshmi Cement Ltd counter
 ( Hot Pursuit - 24-May-24   11:00 )
  JK Lakshmi gains as Q4 PAT jumps 46% YoY Rs 142 crore
 ( Hot Pursuit - 24-May-24   12:20 )
  JK Lakshmi Cement consolidated net profit rises 88.10% in the December 2023 quarter
 ( Results - Announcements 09-Feb-24   07:36 )
  JK Lakshmi Cement declare Quarterly Result
 ( Corporate News - 15-May-24   15:29 )
  JK Lakshmi Cement to declare Quarterly Result
 ( Corporate News - 21-Jul-23   10:04 )
  JK Lakshmi Cement standalone net profit rises 13.03% in the December 2017 quarter
 ( Results - Announcements 01-Feb-18   18:48 )
  JK Lakshmi Cement drops after announcing OFS of stake in Udaipur Cement Works
 ( Hot Pursuit - 23-Mar-15   14:30 )
  JK Lakshmi Cement to declare Quarterly Result
 ( Corporate News - 14-May-20   09:46 )
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