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Deccan Cements' NCD rating withdrawn by Infomerics, citing a lack of cooperation
03-Nov-2026, 06:41
Deccan Cements Ltd announced the withdrawal of credit ratings for its proposed Non-Convertible Debentures (NCD) by Infomerics Valuation and Rating Limited, previously assigning a rating of IVR BB+ with a Negative outlook (ISSUER NOT COOPERATING*) as of August 20, 2026; the withdrawal was verified on November 2, 2026, and subsequently confirmed by Infomerics Valuation and Rating Limited on November 3, 2026, with the status of the rating agency being verified on the same date.