SANDUR MANGANESE & IRON ORES LTD.

Sandur Manganese & Iron Ores Ltd announced the rebranding of its material subsidiaries, Arjas Steel Private Limited and Arjas Modern Steel Private Limited. The subsidiaries have been renamed to Royal Sandur Metals Private Limited and Royal Sandur Green Steel Private Limited, respectively. These name changes were effective from August 27, 2026, as per the Certificates of Incorporation issued by the Ministry of Corporate Affairs. This rebranding aligns with the group's overall strategic direction and market positioning.

Sandur Manganese & Iron Ores Ltd has announced the incorporation of its wholly-owned subsidiary, Royal Sandur Hospitality Private Limited, on August 21, 2026. The new entity, established in India, will engage in the hospitality business, including the development, ownership, operation, and management of hotels, resorts, serviced apartments, and restaurants. The incorporation involved a cash subscription of 10,00,000 equity shares at ₹10 each, totaling ₹1,00,00,000, giving Sandur Manganese 100% ownership. This move signifies the company's strategic expansion into the hospitality sector.

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.

Sandur Manganese & Iron Ores Ltd announced today that its Board of Directors has approved the incorporation of two wholly-owned subsidiaries: 'Royal Sandur Hospitality Private Limited' and 'Royal Sandur Academy Private Limited'. These subsidiaries will venture into new business lines, with the hospitality arm focusing on hotels and resorts, and the academy focusing on education, sports, and training. Each subsidiary will be capitalized with ₹1,00,00,000 through the subscription of 10,00,000 equity shares of ₹10 each in cash, representing 100% shareholding by the parent company. The incorporation is subject to necessary regulatory approvals.

Sandur Manganese & Iron Ores Ltd announced that its Board of Directors, in a meeting held on August 6, 2026, has authorized key managerial personnel (KMPs) to determine the materiality of events or information for stock exchange disclosures. This authorization is effective from August 6, 2026, as per SEBI regulations. The authorized KMPs include Bahirji Ajai Ghorpade (Managing Director), Manoj Kumar Jha (Chief Financial Officer & Chief Risk Officer), and Neha Thomas (Company Secretary & Compliance Officer). This move streamlines the disclosure process and ensures timely reporting of significant information.

Sandur Manganese & Iron Ores Ltd announced the outcome of its 386th Board meeting held on August 6, 2026. The Board considered and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the auditor's limited review report. Additionally, the company received approval for the incorporation of two wholly-owned subsidiaries: 'Royal Sandur Hospitality Private Limited' and 'Royal Sandur Academy Private Limited', subject to necessary regulatory approvals.

Sandur Manganese's consolidated PAT rose 36.4% year-on-year to ₹227.85 Cr in Q1 FY27, ahead of a 21.1% revenue increase to ₹1,374.78 Cr (Q1 FY26: ₹167.09 Cr / ₹1,135.38 Cr). Sequentially the print is down — revenue fell 9.0% and PAT 3.6% from Q4 FY26's ₹1,511.39 Cr / ₹236.28 Cr — consistent with monsoon-hit mining output rather than any change in trajectory; the YoY read is the one that matters here and it is strong. The margin story is split by line. Operating margin actually compressed to ~25.0% of revenue from 26.4% a year ago, so the profit beat is not coming from the operating line. It's finance costs: consolidated finance costs fell to ₹26.11 Cr from ₹53.59 Cr a year ago and ₹55.38 Cr last quarter (-51% YoY, -53% QoQ), pushing net margin up to 16.6% from 14.5% YoY despite the softer operating margin. This lines up with the company's reported net-debt-free status after Q4 FY26 (Business Standard, ScanX) — a full quarter without meaningful interest cost is now flowing straight to the bottom line. Segment-wise, ferroalloys was the standout: revenue jumped to ₹116.01 Cr from ₹43.45 Cr a year ago (+167%) with segment profit up to ₹6.20 Cr from ₹0.76 Cr. The steel subsidiary (consol-only) grew revenue 18.5% YoY to ₹859.44 Cr but was flat QoQ. Standalone PAT grew a slower 25.2% YoY on 27.8% revenue growth — a wider divergence from the consolidated growth rates than usual, reflecting the steel business's outsized contribution to group profit growth. Separately, the company's compensatory-afforestation dispute with Karnataka's Deputy Conservator of Forest continued: both the Karnataka High Court and the Supreme Court dismissed the company's challenges this quarter, and DCF has since raised its demand to ₹139.05 Cr (from ₹131.25 Cr) tied to forest-lease renewal beyond December 2026; a review petition is pending. The board also recommended a ₹0.50/share final dividend (record date 12 August, AGM 19 August) — a corporate item concurrent with, not driven by, this print. Management gives no formal guidance on record for this print, and no prior-quarter guidance existed in our records to check against. A web search for Q1 FY27-specific street estimates for this stock turned up nothing concrete, so vsStreet is unknown rather than assumed. Going into Q2, the two things worth tracking are whether the near-zero finance cost run-rate holds and whether ferroalloys' new revenue level is durable.

Sandur Manganese & Iron Ores Ltd has announced that its Board of Directors will convene on August 6, 2026, at 11:30 AM. The primary agenda item is to consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. In line with SEBI regulations, the trading window for designated persons and their relatives will be closed from July 1, 2026, and will reopen 48 hours after the board meeting concludes.

Sandur Manganese & Iron Ores Ltd has issued a letter to shareholders whose email addresses are not registered, providing access to the Annual Report 2025-26. The 72nd Annual General Meeting (AGM) is scheduled for August 19, 2026, via VC/OAVM. Shareholders can access the Annual Report through the company website, stock exchange websites, or a QR code. Key dates for the AGM include the record date for dividend and e-voting on August 12, 2026, with remote e-voting from August 16-18, 2026. Dividend payment is expected on or after August 21, 2026. Instructions are provided for shareholders to update their email addresses.

Sandur Manganese & Iron Ores Ltd (SMIORE) has released its Annual Report for the financial year 2025-26. The report highlights a transformation into an integrated mines-to-metals group, including ferroalloys, coke & energy, and specialty & alloy steel with the addition of Arjas Steel. FY26 marked record mining volumes and a net debt-free standalone position, supported by internal accruals and NCD prepayment. The company's credit rating outlook was revised to Positive, and it entered the top 500 listed companies by market capitalization. SMIORE is now entering a phase of expansion, adopting the unified Group name 'Royal Sandur' and its logo to reflect its integrated operations and strategic vision.