The Sandur Manganese & Iron Ores Limited has authorized three Key Managerial Personnel (KMPs) to independently determine the materiality of events and information for regulatory disclosures. The decision, taken by the Board of Directors during its 386th meeting held on August 6, 2026, aligns with compliance requirements under Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This authorization streamlines the disclosure process by empowering senior executives to assess and report material developments without requiring separate board approvals for each instance, effective from August 6, 2026.

The Board’s resolution specifically names Bahirji Ajai Ghorpade, Manoj Kumar Jha, and Neha Thomas as the authorized individuals. Each KMP is empowered severally, meaning any one of them can determine materiality and trigger disclosures to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). This procedural update ensures timely market communication while maintaining strict adherence to SEBI’s transparency norms.

Authorized Key Managerial Personnel

The following executives have been granted authority to determine materiality:

Regulatory Compliance Context

Regulation 30(5) of the SEBI LODR Regulations mandates that listed entities must have a mechanism in place to determine the materiality of events or information before making disclosures. By formally authorizing specific KMPs, The Sandur Manganese & Iron Ores Limited ensures that this statutory obligation is met through designated, accountable leadership. The authorization was signed off by Neha Thomas, the Company Secretary & Compliance Officer, and communicated to both BSE Limited and NSE on August 6, 2026.

This structural adjustment does not alter the company’s financial operations or strategic direction but reinforces its corporate governance framework. It allows for quicker response times to market-moving events, ensuring investors receive accurate and timely information as per regulatory standards.

Sandur Manganese & Iron Ores Limited has scheduled its 72nd Annual General Meeting (AGM) for August 19, 2026, to approve the appointment of two new Independent Directors and declare a final dividend of ₹0.50 per equity share for FY26. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means (VC/OAVM), allowing shareholders to participate remotely while voting on critical governance changes and financial outcomes.

The Board proposes appointing T. R. Raghunandan and Pankajam Sridevi as Independent Directors for five-year terms starting July 9, 2026, and July 10, 2026, respectively. Additionally, shareholders will vote to re-appoint Mohammed Abdul Saleem as a Non-Executive Non-Independent Director liable to retire by rotation. These appointments aim to strengthen the Board’s expertise in governance, banking, and technology, aligning with the company’s strategic focus on operational efficiency and compliance.

Key Agenda Items

The AGM notice outlines several ordinary and special businesses requiring shareholder approval:

T. R. Raghunandan, a former IAS officer with extensive experience in public governance and anti-corruption policy, will continue as Chairman of the Company and the Board of Directors. Pankajam Sridevi brings over 35 years of experience in manufacturing, technology, and banking, including her recent role as Managing Director of Commonwealth Bank of Australia (India). Both directors have declared independence under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations.

Dividend and Voting Details

The record date for determining dividend entitlement is fixed as August 12, 2026. Dividends will be paid electronically on or after August 21, 2026, subject to Tax Deducted at Source (TDS) as per the Income-tax Act, 2025. Shareholders holding physical shares must ensure their folios are KYC compliant, including updated PAN, nomination, and bank details, to receive payments via Electronic Clearing Service.

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL) from 9:00 a.m. IST on August 16, 2026, to 5:00 p.m. IST on August 18, 2026. The cut-off date for voting eligibility is August 12, 2026. Shareholders are advised to update their email addresses with the Registrar, Venture Capital and Corporate Investments Private Limited (VCCIPL), or their Depository Participants to access e-voting credentials and receive the AGM notice electronically.

Governance and Compliance

The appointment of T. R. Raghunandan and Pankajam Sridevi follows recommendations from the Nomination and Remuneration Committee and the Board’s performance evaluation for FY26. Their terms are not liable to retire by rotation, ensuring stability in the Board’s composition. The company has also ratified the remuneration of M/s. Kamalakara & Co. as Cost Auditor for FY27, reflecting ongoing compliance with Section 148 of the Companies Act, 2013.

Physical attendance at the AGM is dispensed with in accordance with Ministry of Corporate Affairs (MCA) and SEBI circulars. However, corporate and institutional members may appoint authorized representatives to attend via VC/OAVM. The transcript of the AGM will be hosted on the company’s website post-meeting, ensuring transparency and accessibility for all stakeholders.