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Deccan Cements' Long Term Rating downgraded by CARE Ratings, Short Term Rating reaffirmed
12-Aug-2026, 06:05
Deccan Cements Ltd announced a revision to its credit ratings from CARE Ratings Limited, disclosing a downgrade of the Long Term Rating to CARE BBB / Stable from CARE BBB+ / Stable, effective August 7, 2026, with verification on the same date; the Short Term Rating was reaffirmed as CARE A3+ and also verified on August 7, 2026; previously, CARE Ratings Limited had assigned a Long Term Rating of CARE BBB+ / Stable and a Short Term Rating of CARE A3+ on September 1, 2025, both with verification on that date, and these ratings were considered "New" at the time.
Deccan Cements Ltd announced a revision to its credit ratings from CARE Ratings Limited, disclosing a downgrade of the Long Term Rating to CARE BBB / Stable from CARE BBB+ / Stable, effective August 7, 2026, with verification on the same date; the Short Term Rating was reaffirmed as CARE A3+ and also verified on August 7, 2026; previously, CARE Ratings Limited had assigned a Long Term Rating of CARE BBB+ / Stable and a Short Term Rating of CARE A3+ on September 1, 2025, both with verification on that date, and these ratings were considered "New" at the time.