Sandur Manganese receives BSE approval for delisting of NCDs
Sandur Manganese & Iron Ores Limited received BSE approval for the delisting of its ₹94,000 NCDs, effective March 24, 2026. This follows the early redemption of these debentures, which was previously intimated on March 9, 2026. The approval was issued by BSE on March 23, 2026.
The delisting of NCDs after their early redemption is a standard procedural event and is unlikely to have a material impact on the company's operations or stock.
The announcement is a routine regulatory update regarding the delisting of NCDs post-redemption, with no significant positive or negative financial implications presented.
Sandur Manganese & Iron Ores Limited has received approval from BSE Limited for the delisting of its 45,000, 11% secured, listed, redeemable, rupee denominated, transferable and interest bearing Non-Convertible Debentures (NCDs) of ₹94,000/- each. The NCDs, bearing ISIN ‘INE149K07013’, will be delisted effective from 24 March 2026. This follows the company's earlier intimation on 9 March 2026 regarding the early redemption of these NCDs prior to their maturity date. The approval was communicated via BSE Notice No.20260323-21 dated 23 March 2026.
The company, which is ISO 9001:2015, ISO 14001:2015, and 45001:2018 certified, has its registered office in Sandur, Karnataka, and corporate office in Bengaluru. The delisting is a procedural step after the early redemption of the debentures.
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Sandur Manganese & Iron Ores Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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