India Ratings and Research (Ind-Ra) has affirmed Penna Cement Industries Limited's (PCIL) Long-Term Issuer Rating at 'IND AA-'. The Outlook is Stable. A summary of rating actions on the company's instruments is given below: *Details of term loans are given in Annexur India Ratings Affirms Penna Cement Industries at 'IND AA-'/Negative; Rates Proposed NCDs. 26 Dec 2018. By Shochis Natrajan. India Ratings and Research (Ind-Ra) has affirmed Penna Cement Industries Limited's (PCIL) Long-Term Issuer Rating at 'IND AA-'. The Outlook is Negative. The instrument-wise rating actions are as follows Portland Slag Cement, commonly known as PSC, is blended cement. Slag is, essentially, a non-metallic product comprising of more than 90% glass with silicates and alumino-silicates of lime. At JSW Cement, we use superior quality slag produced at our steel manufacturing plant, conforming to IS: 12089 standards for producing PSC Tadipatri is the first cement manufacturing unit of Penna Cements located at Talaricheruvu village in the Tadipatri Mandal of Anantapur District. It was established with an initial capacity of 0.2 MTPA in 1994; the capacity has increased over the years, resulting in an installed capacity of 1.8 MTPA
Gender Based Ratings at Penna Cement Industries based on 117 verified reviews 5.0 Rated by 1 Woman Rated 5.0 for Work-Life Balance and 5.0 for Salary & Benefits 4.4 Rated by 116 Men Rated 4.3 for Job Security and 4.0 for Skill Development Penna Cement Industries Working Days based on 184 reviews. India Ratings and Research (Ind-Ra) has assigned Penna Cement Industries Limited's (PCIL) INR500m commercial paper programme (CP; carved out of existing fund-based working capital facilities) an 'IND A1+' rating
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