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Credit Rating

| Updated on December 22, 2011 Published on December 22, 2011

Prism Cement Ltd has informed BSE that ICRA vide letter dated December 19, 2011 has confirmed the rating for the Companys Non Convertible Debentures (NCDs) programme at [ICRA]AA- (pronounced as ICRA double A minus). The rating indicates high credit quality. The rated instrument carries risk. The outlook on the long term rating has been revised from Stable to Negative.

Source : BSE - >www.bseindia.com

Published on December 22, 2011
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