Udaipur Cement receives CRISIL AA/Stable/A1+ rating

Udaipur Cement Works Ltd (UCWL), a subsidiary of JK Lakshmi Cement, has been independently assigned AA/Stable/A1+ ratings to its bank facilities by CRISIL. 

AA Rating for its entire long-term existing and proposed borrowings and A1+ for UCWL’s short-term borrowing programme. This long-term rating of UCWL, assigned by CRISIL, is on a standalone basis without any Credit Enhancement (CE) support from the parent company.