Sandur Manganese & Iron Ores Limited has announced the withdrawal of the credit rating for its Non-Convertible Debentures (NCDs) amounting to ₹450 crore. This action follows the early redemption of these debentures. ICRA, the rating agency, has officially withdrawn the rating of '[ICRA]A+' (Stable) for the NCDs, which was previously assigned. The company has informed the stock exchanges about this development, complying with Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. The announcement was made on April 9, 2026.
