StockWatch
·
Industrial Minerals
Rebranding9 Jul 2026, 04:50 pm

Sandur Manganese Rebrands, Ventures into New Businesses

AI Summary

Sandur Manganese & Iron Ores Ltd announced a significant rebranding initiative and plans to venture into new business lines including Hospitality, Academy, and Medical Devices. These new ventures will be undertaken by newly incorporated subsidiaries. The company also approved the appointment of two Independent Directors, T. R. Raghunandan and Pankajam Sridevi, and appointed Manoj Kumar Jha as the new Chief Financial Officer, in addition to his role as Chief Risk Officer. The 72nd Annual General Meeting is scheduled for August 19, 2026, with a record date of August 12, 2026, for the final dividend of ₹0.50 per equity share.

Key Highlights

  • Company rebrands group name and logo.
  • Venturing into Hospitality, Academy, and Medical Devices.
  • Two new Independent Directors appointed.
  • Manoj Kumar Jha appointed CFO, also remains CRO.
  • Final dividend of ₹0.50 per share recommended.