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India Ratings and Research (Ind-Ra) has withdrawn the credit rating on Sanghi Industries Limited’s proposed bank loan facility of Rs. 25 Cr, as the company is no longer pursuing this borrowing. This action reflects the cancellation of the planned debt and not any change in the company’s financial health. While this reduces rating coverage and external scrutiny for the specific loan, it does not impact Sanghi Industries’ overall credit profile or borrowing costs at present. Investor confidence and the company’s strategic flexibility remain unaffected by this withdrawal.