Crisil Ratings Revisions Outlook on Long Term Bank Facilities for Sandur Manganese & Iron Ores Ltd
Crisil Ratings has revised its outlook regarding the long term bank facilities of Sandur Manganese & Iron Ores Ltd, as detailed in a letter dated June 2, 2026. The revision pertains to the rating and amount associated with the company’s bank loan facilities.The ratings instrument covered by the update includes bank loan facilities, which saw changes in both the rated amount and the corresponding long term rating classification.
The financial specifics of the facility are detailed below:
| Instrument | Rated Amount | Long Term Rating |
|---|---|---|
| Bank loan facilities | ₹ 582 crore (Reduced from ₹1,630 crore) | Crisil A+/Positive |
Sandur Manganese & Iron Ores Ltd's long term rating was reaffirmed by Crisil Ratings. Concurrently, the outlook on these bank facilities has been revised to Positive, following the adjustment in the rated amount.
SANDUMA Stock Price Movement
Sandur Manganese & Iron Ores Limited shares closed lower today, shedding 1.25% to settle at ₹226.86 in the traded session. The equity saw a volume of 755,683 shares during trading.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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