Date: 7th October 2026
Credit Rating Update
Sarda Energy & Minerals Ltd's wholly owned subsidiary, Sarda Metals & Alloys Ltd, received a credit rating upgrade from CRISIL for its bank facilities.
Rating Details
- Total Bank Facilities Rated: ₹659.81 crore (unchanged from previous rating)
- Long Term Rating: Upgraded from CRISIL A/Positive to CRISIL AA-/Stable
- Short Term Rating: Upgraded from CRISIL A1 to CRISIL A1+
The announcement was signed by Company Secretary Manish Sethi on October 7, 2026, at 13:04:07 IST.