Sandur manganese & iron ores Limited has announced the withdrawal of credit rating for its Non-Convertible Debentures by ICRA following the completion of early redemption. The company informed stock exchanges about this development on 9 April 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015.

Credit Rating Withdrawal Details

ICRA has withdrawn the credit rating for the company's Non-Convertible Debentures through a letter dated 9 April 2026. The rating withdrawal comes after the successful completion of early redemption of these debt instruments.

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying both BSE Limited and National Stock Exchange of India Limited about the rating withdrawal. This communication ensures transparency and keeps investors informed about material changes affecting the company's debt instruments.

Company Background

The Sandur Manganese & Iron Ores Limited operates as an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company. The company maintains its registered office in Sandur, Karnataka, and corporate office in Bengaluru, with additional operations including mines and metal & ferroalloy plant facilities across Karnataka.

Sandur manganese & iron ores Limited has filed its quarterly compliance confirmation with BSE and NSE under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 March 2026. The filing was submitted on 8 April 2026 by Company Secretary Neha Thomas.

Regulatory Compliance Certificate

The company's registrar and share transfer agent, Venture Capital and Corporate Investments Private Limited, issued a certificate confirming compliance with SEBI depositories regulations. The certificate validates that all securities received for dematerialization during the quarter were processed according to regulatory requirements.

Dematerialization Activity

During the quarter ended 31 March 2026, the company processed dematerialization requests for 725 shares across three separate transactions. The dematerialization register shows activity from three shareholders with certificates processed through both NSDL and CDSL depositories.

Transaction Breakdown

The quarterly dematerialization activity included:

• SAROJA MALLIKARJUNAPPA SHETTAR: 125 shares dematerialized on 8 January 2026 through NSDL
• SANJAY KOTHARI: 50 shares dematerialized on 12 March 2026 through CDSL
• JAY KUMAR BUCHA: 550 shares dematerialized on 26 March 2026 through CDSL

Compliance Confirmation

The registrar certified that all dematerialized securities were mutilated and cancelled after due verification. The names of both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) were updated in the company's records as registered owners within the mandated 15-day timeline.

The company has informed both depositories - NSDL and CDSL - along with the stock exchanges where its securities are listed. This quarterly filing demonstrates the company's adherence to SEBI's regulatory framework for depository operations and participant compliance.