Sandur Manganese's credit rating upgraded to 'Crisil A+/Stable'

Sandur Manganese & Iron Ores Limited (BSE: SANDUMA) announced that CRISIL has upgraded the company's rating on its borrowing facilities. The long-term rating has been raised to 'Crisil A+/Stable', effective March 4, 2025. This upgrade is based on a review by CRISIL. The rating agency also removed the company from 'Rating Watch with Positive Implications'. The total bank loan facilities rated amount to ₹1,630 Crore. The company informed the stock exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.