Sagar Cements Limited — Others, 27-06-2025: Security Cover Certificate

Sagar Cements has maintained a strong security cover for its outstanding non-convertible debentures (NCDs), with the market value of assets charged as security at 47.65 times the debt amount of ₹11.54 Crore. The certificate from the independent auditor confirms the accuracy of the security cover computation based on the audited financial results and asset valuations, mainly on Property, Plant & Equipment and Capital Work in Progress. This robust security backing underscores the company's creditworthiness and reassures debenture holders about the safety of their investment.