Sandur Manganese & Iron Ores Ltd (SANDUMA) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Sandur Manganese & Iron Ores Ltd on NSE and BSE, with an AI summary of each filing.
Investor Presentation for the quarter and half year ended 30 September 2026
Investor Presentation · 04 Nov 2026, 7:43 pm
Sandur Manganese & Iron Ores Reports Robust Q2FY27 Results and Growth Capex In Q2FY27, Sandur Manganese posted consolidated total income of ₹1,519 crore (up 22% YoY) and PAT of ₹261 crore (up 88% YoY), with EBITDA expanding 37% YoY to ₹391 crore (26% margin). Standalone PAT rose 62% YoY to ₹178 crore. For H1FY27, consolidated PAT surged 60% YoY to ₹489 crore. Growth plans include an EC enhancement request for iron ore to 9.42 MTPA, a ₹220 crore Punjab steel plant expansion to 1.70 LTPA, and a ₹390 crore capex foray into medtech.
Corrigendum to Appointment of Non-Executive Director
Change in Management · 04 Nov 2026, 1:06 am
Sandur Manganese Appoints G. P. Kundargi as Non-Executive Director The Sandur Manganese & Iron Ores Limited has issued a corrigendum rectifying the Director Identification Number (DIN: 02256516) for G. P. Kundargi, who was appointed as an Additional Director (Non-Executive) effective 12th Nov'26, liable to retire by rotation. The appointment, approved at the board meeting on 3rd Nov'26, remains subject to shareholder approval via Postal Ballot. Kundargi, former Chairman and Managing Director of MOIL Limited, brings deep operational expertise across mineral processing and mining value chains to the board.
Resignation of Independent Director
Change in Management · 03 Nov 2026, 11:55 pm
The Sandur Manganese & Iron Ores: Resignation of Independent Director Dr. Latha Pillai has resigned from her position as Independent Director of The Sandur Manganese & Iron Ores Limited, effective 4th Nov'26, citing personal commitments. Consequently, she ceases to be the Chairperson of the Nomination and Remuneration Committee, as well as a member of the Audit, Stakeholders Relationship, Risk Management, and Corporate Sustainability Committees. The company confirmed that there are no other material reasons behind her departure, and she holds no other directorships in listed entities.
Appointment of Non-Executive Director
Change in Management · 03 Nov 2026, 11:49 pm
Sandur Manganese Appoints G. P. Kundargi as Non-Executive Director The Sandur Manganese & Iron Ores Limited has appointed G. P. Kundargi as an Additional Director in the Non-Executive category, effective 12th Nov'26, subject to shareholder approval via Postal Ballot. Kundargi, formerly Chairman and Managing Director of MOIL Limited, brings deep operational expertise across opencast and underground mining, mineral processing, and beneficiation. He also serves on the board of Nava Limited, among other entities, and holds no inter-se relationships with existing directors.
Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026
Financial Result · 03 Nov 2026, 11:42 pm
Sandur Manganese Reports Strong Q2 FY27 Consolidated Net Profit Growth The Sandur Manganese & Iron Ores Limited posted consolidated revenue from operations of ₹1,50,613 lakh for the quarter ended 30th Sep'26, up 22.2% YoY from ₹1,23,234 lakh and 9.6% QoQ. Consolidated net profit attributable to owners surged 87.9% YoY to ₹26,028 lakh versus ₹13,852 lakh in the prior-year period (Q1: ₹22,709 lakh), driven by higher mining and steel segment earnings. Basic EPS improved to ₹5.35 from ₹2.85 YoY. Standalone revenue reached ₹58,228 lakh with a net profit of ₹17,752 lakh.
Sandur Manganese & Iron Ores Limited has submitted to the Exchange the outcome of Board meeting inter-alia containing the financial results for the period ended September 30, 2026.
Outcome · 03 Nov 2026, 11:29 pm
Sandur Manganese & Iron Ores Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 1,50,613 (+22.2% YoY | +9.6% QoQ) ■ EBITDA: 37,783 (+38.5% YoY | +10.0% QoQ) ■ EBITDA Margin (%): 25.1 (+296 bps YoY | +10 bps QoQ) ■ PAT: 26,028 (+87.9% YoY | +14.6% QoQ) ■ EPS (INR): 5.35 (+87.7% YoY | +14.6% QoQ) Sandur Manganese & Iron Ores Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) Segmental Performance Mining ■ Revenue: 47,620 (+36.4% YoY | +13.4% QoQ) ■ EBIT: 24,668 (+25.9% YoY | +14.6% QoQ) ■ EBIT Margin (%): 51.8 (-434 bps YoY | +55 bps QoQ) Ferroalloys ■ Revenue: 9,521 (+3.0% YoY | -17.9% QoQ) ■ EBIT: 203 (+31.8% YoY | -67.3% QoQ) ■ EBIT Margin (%): 2.1 (+47 bps YoY | -321 bps QoQ) Coke and energy ■ Revenue: 4,790 (+35.4% YoY | -0.3% QoQ) ■ EBIT: 960 (+147.4% YoY | -16.2% QoQ) ■ EBIT Margin (%): 20.0 (+908 bps YoY | -381 bps QoQ) Steel ■ Revenue: 94,840 (+16.2% YoY | +10.4% QoQ) ■ EBIT: 10,374 (+157.9% YoY | +22.3% QoQ) ■ EBIT Margin (%): 10.9 (+601 bps YoY | +107 bps QoQ)
Outcome of Board meeting held on 3 November 2026
Outcome · 03 Nov 2026, 11:29 pm
SANDUR MANGANESE & IRON ORES LIMITED has informed the Exchange about Board Meeting to be held on 03-Nov-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 03 Nov 2026, 5:30 am
To inter-alia consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026
Intimation · 03 Nov 2026, 5:30 am
Sandur Manganese & Iron Ores Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve unaudited standalone ....
Intimation · 03 Nov 2026, 5:30 am
Sandur Manganese Board Meeting Scheduled for 3rd Nov'26 Results Approval The Sandur Manganese & Iron Ores Limited has scheduled its Board of Directors meeting for 3rd Nov'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26. In accordance with SEBI Insider Trading Regulations, the company's trading window for designated persons and immediate relatives has been closed effective 1st Oct'26 and will reopen 48 hours after the conclusion of the board meeting.
Press and Media Release
Press Release · 22 Oct 2026, 7:01 pm
Sandur Manganese Forays into MedTech Sector via AMTZ Land Lease The Sandur Manganese & Iron Ores Limited (SMIORE) is diversifying into medical devices and consumables through its wholly owned subsidiary, Royal Sandur MedTech Private Limited. On 19th Oct'26, the subsidiary executed a 33-year lease deed for 6.2 acres (approximately 25,090 sq. m.) at the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam to set up a manufacturing unit. The agreement includes an exclusive option to convert to freehold ownership after 10 years of operations. Detailed capex plans and project execution timelines will be announced later.
Incorporation of Royal Sandur MedTech Private Limited, Wholly Owned Subsidiary of the Company
Others (Uncategorized) · 26 Sept 2026, 5:32 pm
Sandur Manganese Incorporates MedTech Wholly Owned Subsidiary The Sandur Manganese & Iron Ores Limited has incorporated a wholly owned subsidiary, Royal Sandur MedTech Private Limited, effective 25th Sep'26, following Ministry of Corporate Affairs approval. The new venture marks an entry into medical devices and consumables manufacturing, covering surgical, diagnostic, and healthcare products. Sandur subscribed to 10,00,000 equity shares at ₹10 each for a total cash consideration of ₹1.00 crore, securing a 100% equity stake and full operational control.
Approval for incorporation of Wholly Owned Subsidiary
Others (Uncategorized) · 17 Sept 2026, 10:57 pm
Sandur Manganese Approves Incorporation of Medical Devices Subsidiary The Board of Directors of The Sandur Manganese & Iron Ores approved the incorporation of a wholly owned subsidiary, Royal Sandur MedTech Private Limited, on 17th Sep'26. The new entity will venture into medical devices and consumables manufacturing, covering processing, assembling, marketing, and distribution of surgical, diagnostic, and healthcare consumables. Sandur Manganese will hold a 100% stake via cash subscription of 10,00,000 equity shares at ₹10 each, aggregating to ₹1,00,00,000, subject to necessary regulatory approvals.
Receipt of penalty order by Royal Sandur Metals Private Limited (formerly Arjas Steel Private Limited), Material Subsidiary of the Company
Others (Uncategorized) · 09 Sept 2026, 10:54 pm
The Sandur Manganese Subsidiary Faces ₹12 Lakh Customs Penalty The Sandur Manganese & Iron Ores Limited announced that its material subsidiary, Royal Sandur Metals Private Limited (formerly Arjas Steel Private Limited), received a penalty order of ₹12 lakh on 8th Sep'26 from the Principal Commissioner of Customs, Chennai-III under Section 114 of the Customs Act, 1962. The penalty pertains to alleged non-payment of export duty by a third party on DTA-to-SEZ supplies between 22nd May'22 and 18th Nov'22, prior to the subsidiary's acquisition. The company confirmed no material operational or financial impact and is exploring legal recourse.
Change in name of Material Subsidiaries of the Company
Others (Uncategorized) · 28 Aug 2026, 6:50 pm
Sandur Manganese & Iron Ores Renames Material Subsidiaries The Sandur Manganese & Iron Ores Ltd announced the renaming of two material subsidiaries, effective 27 Aug'26. Arjas Steel Private Limited has been changed to Royal Sandur Metals Private Limited. Additionally, Arjas Modern Steel Private Limited is now Royal Sandur Green Steel Private Limited. The changes, part of a group re-branding initiative, were approved by the Ministry of Corporate Affairs and align with the company's communication from 9 Jul'26. This reflects a strategic branding shift for the company's steel assets.
Submission of Scrutinizers Report and Voting Results
Annual General Meeting · 21 Aug 2026, 10:52 pm
Sandur Manganese AGM Resolutions Passed with Overwhelming Shareholder Approval At its 72nd AGM on 19th Aug'26, Sandur Manganese & Iron Ores Limited passed all eight resolutions with requisite majority via e-voting. Shareholders approved the audited FY26 financial statements, the re-appointment of director Mohammed Abdul Saleem, and the appointment of Pankajam Sridevi as a Director and Independent Director. Critically, a final dividend of Rs. 0.50 per equity share for FY26 was declared. The appointment of T. R. Raghunandan as an Independent Director also received approval. All resolutions saw near-unanimous support, exceeding 99% in most cases.
Incorporation of Royal Sandur Hospitality Private Limited, Wholly Owned Subsidiary of the Company
Others (Uncategorized) · 21 Aug 2026, 10:12 pm
Sandur Manganese Incorporates Hospitality Subsidiary The Sandur Manganese & Iron Ores Limited has incorporated a new wholly-owned subsidiary, Royal Sandur Hospitality Private Limited, effective 21 Aug'26. The company is diversifying into the hospitality sector, focusing on hotels, resorts, and restaurants. Sandur Manganese subscribed to 10,00,000 equity shares at ₹10 each for a total cash consideration of ₹1,00,00,000, securing 100% shareholding. The incorporation received approval from India's Ministry of Corporate Affairs, signaling a strategic expansion beyond its core mining and ferroalloy operations.
Proceedings of 72nd Annual General Meeting held on 19 August 2026
Annual General Meeting · 20 Aug 2026, 12:34 am
Incorporation of Royal Sandur Academy Private Limited, Wholly Owned Subsidiary of the Company
Others (Uncategorized) · 14 Aug 2026, 11:00 pm
Sandur Manganese Establishes Wholly Owned Subsidiary for Academy Business Sandur Manganese & Iron Ores Ltd. has incorporated a wholly owned subsidiary, Royal Sandur Academy Private Limited, on 14 Aug'26. The new entity will operate in the education, sports, and training sectors. Sandur Manganese invested ₹1 crore by subscribing to 1,000,000 equity shares at ₹10 each, securing 100% control. This move diversifies the company's interests into academy-related businesses, including coaching centers, sports academies, and skill development institutes. The incorporation received approval from the Ministry of Corporate Affairs.
Investor Presentation for the quarter ended 30 June 2026
Investor Presentation · 07 Aug 2026, 2:00 am
SMIORE: Strong Q1FY27 Performance with Robust YoY Growth Across Segments Sandur Manganese & Iron Ores reported strong Q1FY27 consolidated results with Total Income at ₹1,390 Cr (+21% YoY) and PAT at ₹228 Cr (+36% YoY). EBITDA grew 14% YoY to ₹358 Cr, though margins contracted 1.5% to 26%. The mining segment showed robust YoY sales volume growth with manganese ore up 99% and iron ore up 13%. Ferroalloys sales volume surged 162% YoY. Realizations improved QoQ across segments: manganese ore (+15%), iron ore (+9%), and steel (+6%). Consolidated Gross Debt/Equity stood at 0.27.
Approval for incorporation of Wholly Owned Subsidiaries
Others (Uncategorized) · 06 Aug 2026, 11:56 pm
Sandur Manganese Diversifies into Hospitality and Education The Sandur Manganese & Iron Ores Limited board approved on 6 Aug'26 the incorporation of two wholly-owned subsidiaries, diversifying into new business lines. The new entities are 'Royal Sandur Hospitality Private Limited' and 'Royal Sandur Academy Private Limited'. The company will subscribe to 10,00,000 equity shares of ₹10 each, aggregating to ₹1,00,00,000 for each subsidiary via cash subscription, holding 100% of the shareholding. This strategic move marks the company's entry into the hospitality and education sectors.
Authorisation for determining materiality of an event or information
Others (Uncategorized) · 06 Aug 2026, 11:43 pm
Sandur Manganese Authorizes KMP for Materiality Disclosures Sandur Manganese & Iron Ores' Board, in its meeting on 6 Aug'26, authorized Key Managerial Personnel (KMP) to determine the materiality of events for stock exchange disclosures. Effective immediately, Managing Director Bahirji Ajai Ghorpade, CFO & Chief Risk Officer Manoj Kumar Jha, and Company Secretary Neha Thomas are severally authorized for this purpose. This action aligns with SEBI's Regulation 30(5) regarding disclosure requirements and centralizes the determination of material information within its senior management.
Unaudited standalone and consolidated financial results for the quarter ended 30 June 2026
Financial Result · 06 Aug 2026, 11:36 pm
SMIORE Q1FY27 Standalone Profit Rises 25% YoY, Consolidated Profit Jumps 36% YoY Sandur Manganese & Iron Ores reported robust Q1FY27 results. Standalone Net Profit grew 25.2% YoY to ₹161.2 cr from ₹128.8 cr, while revenue from operations increased 27.8% YoY to ₹540.3 cr. On a consolidated basis, Net Profit rose 36.4% YoY to ₹227.9 cr, with revenue up 21.1% YoY to ₹1,374.8 cr. The Mining segment remained the largest revenue contributor. Standalone EPS for the quarter was ₹3.32, compared to ₹2.65 in Q1FY26. QoQ, both standalone and consolidated profits saw a decline.
Outcome of the Board meeting
Outcome · 06 Aug 2026, 11:31 pm
Sandur Manganese & Iron Ores Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 1,37,478 (+21.1% YoY | -9.0% QoQ) ■ EBITDA: 34,349 (+14.8% YoY | -11.1% QoQ) ■ EBITDA Margin (%): 25.0 (-138 bps YoY | -59 bps QoQ) ■ PAT: 22,709 (+36.3% YoY | -3.7% QoQ) ■ EPS (INR): 4.67 (+36.2% YoY | -3.7% QoQ) Sandur Manganese & Iron Ores Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) Segmental Performance Mining ■ Revenue: 41,985 (+13.3% YoY | -25.3% QoQ) ■ EBIT: 21,520 (+8.2% YoY | -31.2% QoQ) ■ EBIT Margin (%): 51.3 (-242 bps YoY | -441 bps QoQ) Ferroalloys ■ Revenue: 11,601 (+167.0% YoY | -6.3% QoQ) ■ EBIT: 620 (+715.8% YoY | +66.7% QoQ) ■ EBIT Margin (%): 5.3 (+360 bps YoY | +234 bps QoQ) Coke and energy ■ Revenue: 4,805 (+25.3% YoY | +48.3% QoQ) ■ EBIT: 1,146 (Loss to Profit YoY | Loss to Profit QoQ) ■ EBIT Margin (%): 23.9 (Loss to Profit YoY | Loss to Profit QoQ) Steel ■ Revenue: 85,944 (+18.6% YoY | +0.0% QoQ) ■ EBIT: 8,484 (+16.0% YoY | +35.7% QoQ) ■ EBIT Margin (%): 9.9 (-22 bps YoY | +260 bps QoQ)
Sandur Manganese & Iron Ores Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve inter-alia the ....
Intimation · 06 Aug 2026, 5:30 am
Sandur Manganese Board Meeting to Approve Q1FY27 Results on 6 Aug'26 The Sandur Manganese & Iron Ores Limited has scheduled a Board of Directors meeting for 11:30 A.M. on 6 Aug'26. The agenda includes consideration and approval of the unaudited standalone and consolidated financial results for the quarter ended 30 Jun'26. In connection with this, the trading window for designated persons has been closed from 1 Jul'26 and will reopen 48 hours after the meeting concludes.