Sarda Energy & Minerals Ltd. announced on April 8, 2026, that its subsidiary, Madhya Bharat Power Corporation Ltd., has had its credit facilities reaffirmed by CARE Ratings. The long-term bank facilities amounting to ₹780.76 crore have been reaffirmed with a 'CARE A; Stable' rating. This rating indicates a stable outlook for the subsidiary's financial health. The company, which is ISO 9001, ISO 14001, and ISO 45001 certified, shared this update with the BSE Ltd. and the National Stock Exchange of India Ltd. The announcement details the existing and reaffirmed ratings for the subsidiary's long-term bank facilities.
