Barak Valley Cements Ltd

Barak Valley Cements Ends Rating Engagement with CARE 📉 – What You Need to Know

- Barak Valley Cements Ltd. (BVCL) discontinued its credit rating engagement with CARE Ratings via email on July 29, 2025.

- The company submitted all required documents, including No Objection Certificates (NOC) from NEDFi and IDBI Bank.

- CARE Ratings assigned a BB+ (Issuer Not Cooperating) rating, which BVCL disputes as not reflecting its current financial position.

- BVCL clarifies that stakeholders should rely on CRISIL’s BBB- rating, not CARE’s BB+.

- Updated contact details for bankers (NEDFi, IDBI Bank) and auditor (P.K. Lakhani & Co.) were provided.