Credit Analysis & Research (CARE) has re-affirmed BBB rating to Shiva Cement’s long term facilities upto Rs 185 crore and A3 rating for short term facilities upto Rs 1.5 crore.
Shiva Cement is engaged in manufacturing of cement and allied products. Its plants are located at Kalunga and Sundargarh in Orissa. The company has a combined installed capacity of 177,000 tonnes per annum.