Sandur Manganese & Iron Ores Merger & Restructuring Worth ₹1 Cr
The Sandur Manganese & Iron Ores Ltd incorporated a new wholly owned subsidiary, Royal Sandur MedTech Private Limited, for medical devices and consumables manufacturing.
- Value
- ₹1.00 Cr
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The Sandur Manganese & Iron Ores Ltd incorporated a new wholly owned subsidiary, Royal Sandur MedTech Private Limited, for medical devices and consumables manufacturing.
Sandur Manganese & Iron Ores approved the incorporation of a wholly-owned subsidiary, 'Royal Sandur MedTech Private Limited', with a capital investment of ₹1 Crore.
Sandur Manganese & Iron Ores Ltd's subsidiary, Royal Sandur Metals Private Limited, received a customs penalty order of ₹0.12 Crore.
SMIORE reports strong Q1FY27 performance driven by robust mining volumes and the integration of Arjas Steel. Consolidated Revenue stood at ₹1,390 Cr with EBITDA of ₹358 Cr (26% margin).
Sandur Manganese & Iron Ores Ltd reported revenue from operations of ₹1,375 Cr (+21.1% YoY) and net profit of ₹227.8 Cr (+36.3% YoY) for Q1 FY27.