Date: 4th September 2026

Credit Rating Update

India Ratings & Research Pvt. Ltd. has affirmed the IND A1 rating for the bank loan facilities of Sarda Metals Alloys Ltd, a wholly-owned subsidiary of Sarda Energy & Minerals Ltd. The affirmed rating applies to facilities totaling ₹500 million.

Subsidiary Relationship

Sarda Metals Alloys Ltd is confirmed as a wholly-owned subsidiary of Sarda Energy & Minerals Ltd.