Sandur Manganese & Iron Ores has secured a Mine Plan Approval Process (MPAP) allocation for a mining lease, marking a significant development in its mining operations. This allocation may have important implications for the company's mineral extraction activities.

Key Aspects of MPAP Allocation

• Resource Access: The MPAP allocation could potentially grant Sandur Manganese & Iron Ores improved access to mineral resources.
• Operational Implications: This development may affect the company's mining operations.
• Extraction Capabilities: The allocation might facilitate the company's ability to conduct extraction activities.

Potential Outcomes

1. Production Capacity: With access to new mineral resources, the company could potentially increase its production capacity.
2. Operational Efficiency: The new mining lease might lead to more streamlined mining operations.
3. Strategic Growth: This allocation may contribute to the company's long-term strategy in the mining sector.

The specific details of the MPAP allocation and the exact location of the mining lease have not been disclosed. This development represents a step for Sandur Manganese & Iron Ores in its mining industry operations.

Investors and industry observers may monitor how the company utilizes this new allocation to potentially enhance its operational capabilities and market position.

Lohagiri Industrials Private Limited has filed a corrigendum to its disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the completion of share acquisition in Sandur Manganese & Iron Ores Limited. The corrigendum was submitted on December 18, 2025, to rectify an inadvertent error in the original disclosure filed on December 17, 2025.

Corrigendum Details and Rectification

The corrigendum specifically addresses an error in Annexure-A of the original disclosure, where Yashodaradevi Shivrao Ghorpade was inadvertently mentioned under the Promoter category instead of the Promoter Group category. The company has duly rectified this categorization in the current disclosure to ensure accurate representation of the shareholding structure.

NCLT Amalgamation Implementation

The National Company Law Tribunal (NCLT), Bengaluru Bench, had approved a scheme of amalgamation under Section 232 of the Companies Act, 2013, involving four companies within the promoter group. The amalgamation order was issued on October 29, 2025, with shares being credited on December 15, 2025.

Share Acquisition and Holdings

Pursuant to the NCLT order, the shares held by the three transferor companies in Sandur Manganese were credited to Lohagiri Industrials Private Limited. The acquisition resulted in a substantial increase in shareholding from 3.28% to 18.19%.

Promoter Group Shareholding Structure

The corrected disclosure provides comprehensive details of the promoter group shareholding structure. The total equity share capital of Sandur Manganese remains at ₹48.61 crores, comprising 4,86,10,814 equity shares of ₹10.00 each.

This corrigendum ensures complete regulatory compliance and transparency in the disclosure process, maintaining accurate records of the promoter group structure following the strategic consolidation within Sandur Manganese & Iron Ores Limited.