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Latest news about Sandur Manganese & Iron Ores

Sandur Manganese & Iron Ores Completes Early Redemption of ₹4,23,00,00,000 NCDs Mar 09, 2026

The Sandur Manganese & Iron Ores Limited completed early redemption of Non-Convertible Debentures worth ₹4,23,00,00,000 on 9 March 2026. The company redeemed 45,000 NCDs of ₹94,000 each, which were 11% secured, listed, redeemable, rupee denominated, transferable and interest bearing debentures with ISIN 'INE149K07013'. The early redemption was completed prior to maturity date in accordance with regulatory requirements and contractual terms.

Sandur Manganese Board Addresses BSE Fine for Delayed Board Meeting Intimation Feb 04, 2026

Sandur Manganese Approves Early Redemption of ₹423 Crore NCDs, Q3FY26 Revenue Up Feb 04, 2026

Sandur Manganese & Iron Ores Appoints Manoj Kumar Jha as Chief Risk Officer Jan 13, 2026

Lohagiri Industrials Files Corrigendum for Sandur Manganese Stake Disclosure Dec 19, 2025

More news about Sandur Manganese & Iron Ores

24Nov 25

Sandur Manganese & Iron Ores Secures MPAP Allocation for Mining Lease

Sandur Manganese & Iron Ores has obtained a Mine Plan Approval Process (MPAP) allocation for a mining lease. This development could potentially enhance the company's access to mineral resources, impact its mining operations, and boost its extraction capabilities. The allocation may lead to increased production capacity, improved operational efficiency, and contribute to the company's strategic growth in the mining sector. Specific details about the allocation and the mining lease location have not been disclosed.

12Nov 25

Sandur Manganese & Iron Ores Secures Expansion Approval for Mining Operations

Sandur Manganese & Iron Ores Limited (SMIORE) has obtained approval from the Karnataka State Pollution Control Board to expand its manganese and iron ore mining activities. The expansion includes a new Downhill Pipe Conveyor System and increased mining capacities. Iron ore capacity will reach 0.089 MTPA by 2026-27, while manganese ore capacity will increase to 0.049 MTPA. SMIORE must present statutory approvals to the Supreme Court's Monitoring Committee and the Department of Mines and Geology before commencing expanded operations.

10Nov 25

Sandur Manganese & Iron Ores Reports Impressive Q2 Performance with 336% Net Profit Surge

Sandur Manganese & Iron Ores Ltd has reported exceptional Q2 results. Net profit soared 336% to ₹1.40 billion, while revenue jumped 373% to ₹12.30 billion compared to the same quarter last year. EBITDA grew by 619% to ₹2.70 billion, with the EBITDA margin expanding to 22.13% from 14.44%. These results indicate strong market demand and improved operational efficiency in the manganese and iron ore sectors.

07Nov 25

Sandur Manganese & Iron Ores Unveils ₹2,000 Crore Expansion into Steel and Energy Sectors

Sandur Manganese & Iron Ores Limited (SMIORE) plans to invest ₹2,000 crore to diversify into steel and energy sectors. The expansion includes developing a coke oven plant, captive power generation unit, and ferro alloy production facilities. This strategic move aims to enhance value addition, improve cost efficiency, and achieve long-term margin stability. The company also plans to increase export capabilities and integrate renewable energy sources. This diversification is expected to strengthen SMIORE's market position and transform it from a pure-play mining company into a more diversified metals and energy player.

07Nov 25

Sandur Manganese & Iron Ores Reports Stellar Q2 Performance with 373% Revenue Surge

Sandur Manganese & Iron Ores Limited delivered impressive Q2 results with revenue soaring 373% year-over-year to ₹12.30 billion. EBITDA increased by 619% to ₹2.70 billion, with margin expanding to 22.13%. Consolidated net profit rose 336% to ₹1.40 billion. The company saw strong growth across all segments: Mining (62.7%), Ferroalloys (133.9%), and Coke and Energy (76.8%). Sandur received approval to increase production limits for manganese and iron ore, and maintains a strong financial position with a debt-to-equity ratio of 0.35.

06Oct 25

Sandur Manganese & Iron Ores Secures Forest Land Approval for Mining Infrastructure in Karnataka

Sandur Manganese & Iron Ores has received final approval from the Ministry of Environment, Forest and Climate Change (MoEF&CC) for forest land diversion in Karnataka. This approval enables the company to establish a Direct Dispatch System (DDS) connecting the Kammathuru Iron Ore Mine to the PMBR (BMM) Siding. The development is expected to streamline mining operations and improve operational efficiency.

03Oct 25

Sandur Manganese & Iron Ores Secures Crucial Forest Land Approval for Conveyor System

Sandur Manganese & Iron Ores Limited (SMIORE) has received final approval from the Ministry of Environment, Forest and Climate Change for the diversion of 2.43 hectares of forest land in Karnataka. The approval is for establishing a Downhill Conveyor Pipe System connecting the Kammathuru Iron Ore Mine to the PMBR (BMM) siding. This development is expected to enhance operational efficiency and reduce transportation costs. SMIORE will now proceed to execute a Forest Lease Agreement with the Karnataka government.

22Sept 25

Sandur Manganese Shares Trade Ex-Bonus with 2:1 Ratio Issue

Sandur Manganese & Iron Ores has executed its latest 2:1 bonus share issue, with shares now trading ex-bonus. This marks the company's second bonus issue in two years, following a previous 5:1 ratio. The stock closed at ₹477.60 on Friday, up 1.10% for the day, 6.30% over the past month, and 14.00% year-to-date. The bonus issue increases shareholders' share count without affecting their proportional ownership or overall value.

19Sept 25

Sandur Manganese & Iron Ores Announces 2:1 Bonus Issue, Shareholders to Benefit

Sandur Manganese & Iron Ores Ltd has declared a 2:1 bonus issue with September 22, 2025, as the record date. Shareholders will receive two additional equity shares for every one share held. The stock has shown strong performance, delivering nearly 1,100% returns over the past five years. Recent growth includes 12.73% year-to-date and 2.65% in the past week. The company's 71st AGM on September 17, 2025, passed several key resolutions, including approval for fund-raising through QIP and re-appointment of key directors.

15Sept 25

Sandur Manganese & Iron Ores Secures In-Principle Approval for 2:1 Bonus Issue

Sandur Manganese & Iron Ores Limited (SMIORE) has received in-principle approval for a 2:1 bonus issue, allowing the company to issue 32,40,69,876 new equity shares. Shareholders will receive two new fully paid-up equity shares for every one existing share. The company has obtained necessary approvals from BSE Limited and the National Stock Exchange of India Limited (NSE). The bonus issue is subject to various regulatory conditions and compliance requirements.

11Sept 25

Sandur Manganese & Iron Ores Shareholders Approve Share Capital Increase and 2:1 Bonus Issue

Sandur Manganese & Iron Ores Limited (SMIORE) shareholders approved two key resolutions via postal ballot. The company's authorized share capital will increase from ₹200 crore to ₹600 crore, allowing for 60 crore equity shares of ₹10 each. Additionally, a 2:1 bonus share issuance was approved, to be funded by capitalizing up to ₹324.07 crore from free reserves or other permitted reserves. Both resolutions received over 99% favorable votes.

19Aug 25

Sandur Manganese & Iron Ores Urges Physical Shareholders to Provide Demat Details for Bonus Share Allotment

Sandur Manganese & Iron Ores Limited has initiated a process for shareholders with physical shares to provide demat account details for bonus share allocation by 15 September 2025. This aligns with SEBI regulations requiring bonus shares to be allotted only in dematerialized form. Shareholders must submit specific documents, including request letters and identity proofs. Failure to comply will result in bonus shares being credited to a Suspense Escrow Demat Account. The company has made necessary forms available on its website and offered assistance for clarifications.

11Aug 25

Sandur Manganese Proposes 2:1 Bonus Share Issue and Tripling of Authorized Capital

Sandur Manganese & Iron Ores Limited (SMIORE) proposes a 2:1 bonus share issue and plans to increase authorized share capital from ₹200 crore to ₹600 crore. The bonus issue will capitalize up to ₹324.07 crore from reserves. SMIORE seeks shareholder approval via postal ballot with e-voting from August 12 to September 10. The company also plans a QIP to raise up to ₹1,000 crore, subject to approval.

08Aug 25

Sandur Manganese Reports 84% Revenue Growth in Q1, Announces 2:1 Bonus Share Issue

Sandur Manganese & Iron Ores Limited (SMIORE) reported a strong quarterly performance with total income rising 84% to ₹1,150.00 crore. EBITDA grew 47% to ₹314.00 crore, and profit after tax increased 16% to ₹167.00 crore. The company's Board approved a 2:1 bonus share issue. SMIORE increased its mining capacities and integrated Arjas Steel. The company also commissioned a 42.9 MW renewable energy project. Management expects seasonal softness in steel markets due to monsoon.

08Aug 25

Sandur Manganese Announces Bonus Issue and Re-appoints Managing Director Amid Strong Q1 Performance

Sandur Manganese & Iron Ores Limited (SMIORE) has approved a 2:1 bonus share issue, increasing total paid-up share capital to ₹486.10 crore. The Board re-appointed Bahirji Ajai Ghorpade as Managing Director for another three-year term. Q1 FY2025-26 results show 88.72% YoY revenue growth to ₹1,135.38 crore and 15.64% increase in net profit to ₹167.09 crore. The company received approval to enhance its mining capacity for manganese and iron ore. The Annual General Meeting is scheduled for September 17, 2025.

08Aug 25

Sandur Manganese Announces 2-for-1 Bonus Share Issue Amid Mixed Q1 Results

Sandur Manganese & Iron Ores Limited reported mixed Q1 results with revenue down 29.5% to 4.23 billion rupees and net profit down 11% to 1.30 billion rupees. However, EBITDA improved by 10.5% to 2.10 billion rupees, with EBITDA margin increasing to 48.94%. The company announced a 2:1 bonus share issue, subject to shareholder approval. To facilitate this, the authorized share capital will be increased from 2 billion to 6 billion rupees. The Board re-appointed Bahirji Ajai Ghorpade as Managing Director for a three-year term. The company also received approval to enhance its annual production limits for manganese and iron ore, with permission to transport 0.327 MMT of already produced incidental iron ore over two years.

07Aug 25

Sandur Manganese Secures Supreme Court Approval for 53% Boost in Manganese Ore Production

Sandur Manganese & Iron Ores received approval from India's Supreme Court to increase its annual manganese ore production limit from 0.03 MMT to 0.05 MMT, a 53% rise. The company also got approval for 0.09 MMT iron ore production and permission to transport 0.33 MMT of already produced incidental iron ore over two years. Sandur Manganese will now seek necessary regulatory approvals to operate at these enhanced levels.

05Aug 25

Sandur Manganese & Iron Ores to Review Q1 Results and Consider Bonus Share Issue on August 8

Sandur Manganese & Iron Ores Limited (SMIORE) has scheduled a board meeting for August 8, 2025, to review Q1 FY2025-26 financial results, consider a bonus share issuance, and discuss increasing the company's Authorized Share Capital. The trading window for designated persons is closed from July 1, 2025, until 48 hours after the meeting concludes, in compliance with SEBI regulations.

28May 25

SANDUR MANGANESE & IRON ORES Reports Strong Q4 Performance with 39.60% EBITDA Margin

SANDUR MANGANESE & IRON ORES announced Q4 financial results showing significant growth. Revenue increased 6.88% year-over-year to ₹5.90 billion. EBITDA grew 15.38% to ₹2.40 billion, with margin expanding to 39.60%. Quarterly performance showed remarkable improvement with revenue up 240.50%, EBITDA up 314.99%, and net profit up 328.35% compared to Q3. Operating profit margin improved to 25.24% from 14.43% in the previous quarter.

09May 25

Sandur Manganese & Iron Ores Secures Additional Iron Ore Production Allocation

Sandur Manganese & Iron Ores Ltd has received approval from the Supreme Court-appointed Monitoring Committee to produce an extra 0.50 million tonnes per annum of siliceous hematitic ore for the remaining eleven months of the 2025-26 financial year. This allocation is in addition to the company's existing Maximum Permissible Annual Production of iron ore, potentially boosting its revenue and operational capacity.