Subsidiary14 Aug 2026, 05:41 pm
Sandur Manganese Incorporates Wholly Owned Subsidiary for Education Business
AI Summary
Sandur Manganese & Iron Ores Ltd has announced the incorporation of its wholly owned subsidiary, Royal Sandur Academy Private Limited, on August 14, 2026. This new entity, established in India, will focus on the education sector, including coaching centers, sports academies, skill development, and digital learning platforms. The company has invested ₹1,00,00,000 in equity shares for this venture, acquiring 100% ownership. This move signifies the company's diversification into the education and training business.
Key Highlights
- Sandur Manganese incorporated a new wholly owned subsidiary, Royal Sandur Academy Private Limited.
- The subsidiary will operate in the education and training sector.
- The company invested ₹1 crore for 100% shareholding.
- Incorporation date is August 14, 2026, in India.
- This marks diversification into the education business.
Price Impact
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