FilingReader Intelligence
Sarda Energy subsidiary's credit rating upgraded by CARE
March 3, 2025 at 07:05 PM UTC•By FilingReader AI
Sarda Energy & Minerals (BSE: SARDAEN) announced today that CARE has upgraded the credit rating of its subsidiary, Madhya Bharat Power Corporation Ltd. The rating for the company's long-term bank facilities, valued at ₹862.78 crore, has been raised from 'CARE A- ; Stable (Single A Minus; Outlook: Stable)' to 'CARE A; Stable (Single A; Outlook: Stable)'. This announcement was made in a regulatory filing dated March 3, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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BSE:SARDAEN•Bombay Stock Exchange
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