The Sandur Manganese & Iron Ores Limited announced it has received formal approval from the BSE Limited for the delisting of its 45,000, 11% secured Non-Convertible Debentures (NCDs). This action follows the company’s earlier completion of the early redemption of these instruments, which carried a face value of ₹94,000 each. The delisting becomes effective from March 24, 2026, finalizing the closure of this specific debt instrument on the exchange.
Official Confirmation of Debenture Delisting
The Sandur Manganese & Iron Ores Limited has formally communicated the successful receipt of delisting approval for one of its outstanding debt instruments from the BSE Limited. This action is a direct consequence of the company having completed the early redemption of the Non-Convertible Debentures (NCDs) ahead of their original maturity date, as previously intimated on March 9, 2026.
Details of the Delisted Instrument
The specific securities subject to this delisting are 45,000, 11% secured, listed, redeemable, rupee denominated NCDs. Each debenture carries a face value of ₹94,000/- and is identified by ISIN ‘INE149K07013’. The BSE issued a notice regarding this change on March 23, 2026, with the delisting taking effect on March 24, 2026.
Corporate Filing and Compliance
The announcement was made under the authority of the Company Secretary and Compliance Officer, Neha Thomas, ensuring regulatory compliance. The company requested that the Stock Exchanges kindly take this development regarding the debt instrument closure on record, completing the administrative steps following the successful early repayment.
Source: BSE