Sandur Manganese & Iron Ores receives reaffirmation in credit ratings from ICRA

Sandur Manganese & Iron Ores has received re-affirmation in credit ratings from ICRA as follows -

Fund-based Term Loan (Rs 400 crore) - ICRA A- (reaffirmed; outlook revised from Positive to Stable)
Fund-based Working Capital Facilities (Rs 10 crore) - ICRA A- (reaffirmed; outlook revised from Positive to Stable)
Non-fund-based Working Capital Facilities (Rs 60 crore) - ICRA A2+ (reaffirmed)
Unallocated Facilities (Rs 130 crore)- ICRA A2+ (reaffirmed)

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