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Sandur Manganese & Iron Ores Ltd logo

Sandur Manganese & Iron Ores Ltd

NSE: SANDUMA BSE: 504918

₹224.67

(0.65%)

Sat, 30 May 2026, 02:50 pm

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Company History

1954

  • The company was incorporated as a private limited company.

1960

  • The company issued 18,750 equity shares for consideration other than cash.

1962

  • The company issued 6,525 Bonus Equity shares in the proportion 3:10.

1966

  • The company issued 16,000 Pref. shares and 52,475 equity shares through a prospectus.

1974

  • The company offered 25,000 B Pref. shares and 10,00,000 equity shares to the public at par.

1994

  • The company sub-divided shares of Rs 100 each into shares of Rs 10 each.
  • The company allotted 18,75,000 rights equity shares of Rs 10 each.
  • The company issued 10,00,000 equity shares on a preferential basis to promoters and associate companies.

2008

  • The company appointed Venture Capital & Corporate Investments Pvt Ltd as its share transfer agent.

2009

  • The Board recommended a final dividend of Rs 1.50 per equity share.

2010

  • The Board recommended a dividend of Rs. 3 per equity share.
  • The company inaugurated a 32 MW Thermal Power Plant.

2011

  • The Board recommended a dividend of Rs. 5 per equity share.

2012

  • The company received an order from the Hon'ble Supreme Court to resume mining operations.

2013

  • The company resumed mining operations.

2014

  • The company recommended a dividend of Rs. 3 per equity share of nominal value of Rs. 10 per share.

2016

  • Sandur M & I Ore received a 5 Star rating by the Ministry of Mines, Government of India.

2018

  • Manganese Ore annual production in Mining Lease No.2679 has been increased from 7,400 to 32,000 tonnes.
  • The company introduced 'The Sandur Manganese & Iron Ores Limited - Employees Stock Option Plan 2018'.

2019

  • The Sandur Manganese & Iron Ores Limited was directed by the Hon'ble National Company Law Tribunal to consider the Scheme of Amalgamation between Star Metallics and Power Private Limited with The Sandur Manganese & Iron Ores Limited.

2021

  • Sandur Manganese & Iron Ores Bagged Five Star Rating Award.

2022

  • The company issued rights shares of Rs. 10 in the ratio of 2:1 at par.
  • Sandur Manganese & Iron Ores received National Safety Award (Mines).
  • Sandur Manganese & Iron Ores Bagged 5 Star Rating Awards.
  • Sandur Manganese receives Environmental Clearance for change in plant configuration and product mix.

2023

  • Sandur Manganese & Iron Ores Bagged 5 Star Rating Awards.

2024

  • The Company has issued Bonus Shares in the Ratio of 5:1.