07-Oct-2026      14:25

Sarda Energy & Minerals' bank facilities receive an upgrade from CRISIL, totaling Rs 2,845.50 crore

Sarda Energy & Minerals Ltd announced today an upgrade to its long-term rating and reaffirmation of its short-term rating by CRISIL. The company's total bank facilities, amounting to Rs 2,845.50 crore, now carry a long-term rating of CRISIL AA / Stable, representing an upgrade from the previous rating of CRISIL AA- / Positive, while the short-term rating remains CRISIL A1+. This announcement, disseminated to the BSE Ltd and the National Stock Exchange of India Ltd, details no enhancements, assignments, or withdrawals related to any instruments, and specifically pertains to the aforementioned bank facilities totaling Rs 2,845.50 crore, with both long-term and short-term ratings being provided by CRISIL.

News source: Capital Market - Live News