Sarda Energy Subsidiary Credit Rating Reaffirmed

Sarda Energy & Minerals disclosed CARE's reaffirmation of its subsidiary Madhya Bharat Power Corporation's credit rating.
Long-term bank facilities worth ₹780.76 crore maintained at CARE A with Stable outlook.
The rating action indicates continued stable credit assessment for the company's power subsidiary.
Disclosure made to stock exchanges as a routine regulatory compliance requirement.