Sandur Manganese & Iron Ores Ltd

Sandur Manganese & Iron Ores Dividend

Sandur Manganese recommended a final dividend of ₹0.50 per equity share for FY 2025-26. The payout remains subject to shareholder approval at the next AGM.

Sandur Manganese & Iron Ores Q4 FY26 Results: Net Profit ₹236.3 Cr, Up 51.0% YoY

Sandur Manganese & Iron Ores Ltd reported revenue from operations of ₹1,511 Cr (+14.4% YoY) and net profit of ₹236.3 Cr (+51.0% YoY) for Q4 FY26.

Key figure

Net profit ₹236.3 Cr · +51.0% YoY

Sandur Manganese & Iron Ores Financial Results

Sandur Manganese reported its FY26 financial results and recommended a final dividend of ₹0.50 per share. Net consolidated profit for the year reached ₹65,807 lakh.

Value

₹0.50 Cr

Sandur Manganese & Iron Ores Board Meeting Date

Sandur Manganese & Iron Ores Limited has scheduled a board meeting for May 7, 2026. The board will consider audited standalone and consolidated financial results for the year ended March 31, 2026, and recommend a final dividend. The trading window remains closed until May 9, 2026.

Sandur Manganese & Iron Ores Board Meeting Date

The Sandur Manganese & Iron Ores Limited has scheduled a board meeting on 7 May 2026. The board will consider audited standalone and consolidated financial results for the quarter and year ended 31 March 2026 and recommend a final dividend for FY 2025-26. The trading window remains closed until 48 hours post-meeting.

Sandur Manganese & Iron Ores Merger & Restructuring

The Sandur Manganese & Iron Ores Limited announced the dissolution of its wholly owned subsidiary, Sandur Pellets Private Limited, following NCLT approval for voluntary liquidation. The subsidiary had no active business operations or revenue since incorporation. This closure streamlines the company's corporate structure without impacting its financial performance.

Sandur Manganese & Iron Ores Legal & Regulatory

The Hon’ble High Court of Karnataka dismissed Sandur Manganese & Iron Ores Limited's writ petition challenging a ₹131.25 crore demand for compensatory afforestation. While the court upheld the demand, the company confirmed its mining operations remain unaffected as it continues to hold valid leases and forest clearances.

Value

₹131.2 Cr

Sandur Manganese & Iron Ores Credit Rating

The Sandur Manganese & Iron Ores Limited announced that ICRA has withdrawn the [ICRA]A+ (Stable) rating for its ₹450 Crore Non-Convertible Debentures. This follows the successful early redemption of the instruments. The withdrawal reflects the completion of the debt obligation.

Value

₹450.0 Cr

Sandur Manganese & Iron Ores Capacity Expansion

The Sandur Manganese & Iron Ores Limited has executed a Forest Lease Agreement for 2.4314 hectares to establish a Downhill Conveyor Pipe System. The system will connect the Kammathuru Iron Ore Mine to the PMBR siding in Karnataka. This internal infrastructure expansion follows final regulatory approval from the Ministry of Environment, Forest and Climate Change.