Fitch affirms Adhunik Cement

Fitch Ratings said it affirmed Adhunik Cement Ltd.'s national long-term rating at BB-(ind).

The outlook is stable.

The affirmation reflects the financial support provided by Adhunik Cement's promoter group through an equity contribution of 1.15 billion rupees for the company's debt servicing in context of its weak financial profile in FY11 as per the provisional figures.

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