Sandur Manganese & Iron Ores Limited has informed the Exchange about Delisting Approval for Non-Convertible Debentures from BSE Limited
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Sandur Manganese & Iron Ores has received BSE approval to delist its 45,000 Non-Convertible Debentures (NCDs) effective 24 March 2026. These were 11% secured, listed, redeemable NCDs with a face value of ₹94,000 each (ISIN: INE149K07013). This follows the company's earlier intimation dated 9 March 2026 about completing early redemption of these NCDs before their scheduled maturity. The delisting is a routine post-redemption housekeeping step — the company has already paid back the NCD holders. This action pertains only to the company's debt instruments and does not affect its equity shares listed on NSE and BSE.
No material impact on shareholders or equity stock price. This is a procedural delisting of already-redeemed debt instruments and reflects a reduced debt burden for the company.