Sandur Manganese

The board of The Sandur Manganese & Iron Ores Limited approved entry into hospitality, education, and medical device manufacturing businesses, to be pursued through future subsidiaries. The board also adopted the new group name 'Royal Sandur Group' and said it will rename its material subsidiaries Arjas Steel and Arjas Modern Steel. Manoj Kumar Jha was appointed chief financial officer, succeeding Uttam Kumar Bhageria, who will continue in other roles. No investment figures were disclosed.

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July 9 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• MANOJ KUMAR JHA IS APPOINTED AS CHIEF FINANCIAL OFFICER

Source text: ID:nBSE1GkzZj

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May 7 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• MARCH-QUARTER CONSOL NET PROFIT 2.36 BILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 15.11 BILLION RUPEES

Further company coverage: SUMG.NS

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May 1 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES LTD - HIGH COURT OF KARNATAKA DISMISSES WRIT PETITION FILED BY CO ON 1.31 BILLION RUPEES AFFORESTATION DEMAND

Source text: ID:nNSE4gHyn5

Further company coverage: SUMG.NS

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** Shares of Sandur Manganese and Iron Ores Ltd SUMG.NS fall as much as 9.2% to 210.23 rupees
** Mining co reported 15.7% y/y fall in Q3 consol net profit; total expenses up 33.7%
** Mining segment rev fell 6%, while steel rev rose 57.4%
** SUMG last down 7.3%, set to snap 3 days of gains
** YTD, down 4.7%; gained 76.3% in 2025

($1 = 90.4270 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Feb 4 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES LTD - DEC-QUARTER CONSOL NET PROFIT 1.16 BILLION RUPEES

• SANDUR MANGANESE AND IRON ORES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.09 BILLION RUPEES

Source text: ID:nBSE2khnk8

Further company coverage: SUMG.NS

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Nov 12 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES - GRANTED CONSENT FOR OPERATION-EXPANSION FOR COMPANY'S MANGANESE AND IRON ORE MINES

Source text: ID:nBSE6FP1Ps

Further company coverage: SUMG.NS

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** Shares of diversified commodity producer Sandur Manganese SUMG.NS jump 7% to 208 rupees, highest since Aug, 2024

** Co receives final approval from Ministry of Environment, Forest and Climate Change for diversion of nearly 2.5 hectares of forest to set up a downhill conveyor pipe system in southern Indian state of Karnataka

** Stock up 51% YTD

(Reporting by Komal Salecha)

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May 28 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• MARCH-QUARTER CONSOL NET PROFIT 1.56 BILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 13.21 BILLION RUPEES

Source text: ID:nBSE6ZJvXS

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** Shares of miner Sandur Manganese and Iron Ores SUMG.NS rise as much as 6.3% to 522.80 rupees, highest since Dec. 11

** SUMG on Wednesday said an Indian court has approved the forest clearance granted to the company for mining in two mines in Ballari as valid, and the company can continue its mining operation

** Earlier, the Indian government had asked co to suspend mining operations over the validity of forest clearance

** More than 852,000 shares change hands, 2.7x of 30-day avg

** Stock last up 4%, bumping YTD gains to 23.6%

(Reporting by Ashish Chandra in Bengaluru)

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May 7 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• HIGH COURT CONFIRMS VALIDITY OF FOREST CLEARANCES

• COMPANY TO CONTINUE OPERATIONS WITHOUT RENEWAL REQUIREMENT

Source text: ID:nBSE2xBDZW

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Feb 14 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES DEC-QUARTER CONSOL NET PROFIT 1.37 BILLION RUPEES

• SANDUR MANGANESE AND IRON ORES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.52 BILLION RUPEES

Source text: ID:nBSE3Wxyjn

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** Shares of Sandur Manganese and Iron Ores SUMG.NS up 2.8% to 496 rupees

** Miner gets top court-appointed advisory body's consent to increase iron ore production from 3.81 MTPA to 4.36 MTPA

** Stock eyes a third straight session of gains

** Stock rose ~15% in 2024

(Reporting by Yagnoseni Das in Bengaluru)

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Jan 1 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES - GETS APPROVAL FOR INCREASE OF ANNUAL PRODUCTION LIMIT OF IRON ORE

• SANDUR MANGANESE AND IRON ORES - GETS NOD FOR ANNUAL PRODUCTION LIMIT OF IRON ORE AT 4.36 MTPA

Source text: ID:nBSEbnsV2j

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Dec 24 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES LTD - RECEIVES CONSENT FOR ESTABLISHMENT-EXPANSION FROM KSPCB

Source text: ID:nNSE3lW8M1

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Nov 13 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES SEPT-QUARTER CONSOL PROFIT 323.4 MILLION RUPEES

• SANDUR MANGANESE AND IRON ORES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.6 BILLION RUPEES

Source text: ID:nBSE8BM1MS

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Nov 12 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• CONCLUDES STRATEGIC BUSINESS ACQUISITION OF ARJAS STEEL

• TO ACQUIRE ABOUT 99% EQUITY CAPITAL OF ARJAS

• ENTERPRISE VALUE OF TRANSACTION PEGGED AT 30 BILLION RUPEES

Source text: ID:nBSEc7q1wJ

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** Shares of Sandur Manganese and Iron Ores SUMG.NS up 2.8% to 496 rupees, their biggest intraday pct gain since Aug. 30

** Miner got pollution board's consent for enhancement of manganese ore production from current 0.43 MTPA to 0.55 MTPA

** Shares see second-busiest week since Aug 19, with over 815,000 shares traded

** Stock up 2.4% YTD

(Reporting by Aleef Jahan in Bengaluru)

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Sept 19 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• GRANT OF CONSENT FOR OPERATION

• GRANT FOR CO'S MINES FOR ENHANCEMENT OF MANGANESE ORE PRODUCTION

Source text for Eikon: ID:nBSE8SmXtQ

Further company coverage: SUMG.NS

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** Shares of Sandur Manganese and Iron Ores SUMG.NS rise as much as 3.8% to 507.85 rupees

** SUMG on Monday said its board has approved raising of funds up to 10 bln rupees ($119.3 mln)

** Adds, fund raise would be via issuance of shares

** Trading vol 1.7x 30-day daily avg

** Stock is up 84.5% since listing in Sept. 2023

($1 = 83.8350 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Sept 16 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• TO RAISE FUNDS BY ISSUANCE OF SHARES WORTH UP TO 10 BILLION RUPEES

Source text for Eikon: ID:nBSE1sg04s

Further company coverage: SUMG.NS

(Reporting by VijayDattaram Malkar)

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Sept 10 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• TO CONSIDER PROPOSAL FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSE3QRBXn

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(Reporting by VijayDattaram Malkar)

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Sept 6 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• APPROVED RAISING OF FUNDS OF UP TO 4.5 BILLION RUPEES

• RAISING OF FUNDS THROUGH ISSUANCE OF NON-CONVERTIBLE DEBENTURES

• ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS

• APPROVED AVAILING LONG-TERM BORROWINGS FOR UPTO 9 BILLION RUPEES

• APPROVED LONG TERM BORROWINGS IN FORM OF RUPEE TERM LOAN FROM NBFCS

Source text for Eikon: ID:nBSE5XpYLf

Further company coverage: SUMG.NS

(Reporting by VijayDattaram Malkar)

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Sept 2 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES-GETS ENVIRONMENTAL CLEARANCE FOR RAMGHAD MANGANESE & IRON ORE MINES

• SANDUR MANGANESE AND IRON ORES - EC FOR IRON ORE PRODUCTION OF 0.216 MILLION TONNES PER ANNUM

Source text for Eikon: ID:nBSEd33jy

Further company coverage: SUMG.NS

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** Shares of manganese ore producer MOIL MOIL.NS rise 3.35% to 414.35 rupees apiece

** Co says it aims to nearly double production of manganese ore to 35 lakh metric tonnes (MT) by FY30 from 17.56 lakh MT in FY23-24

** This is nearly one-third of total 11 million MT of manganese ore required to meet India's steel production target by 2030

** MOIL also aims to grow market share to 32% from 20% currently

** Stock set to snap three-week losing streak, up 1.6% this week so far - NSE data

** MOIL up 34% so far in 2024, outperforming rivals like Tata Steel TISC.NS and Sandur Manganese SUMG.NS, which are up 10.5% and 5%, respectively - NSE data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Aug 5 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES - NAMES KRISHNENDU SANYAL AS CEO

Source text for Eikon: ID:nBSE7X7Qrz

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May 15 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES LTD - FINAL DIVIDEND OF 1 RUPEE PER SHARE

• SANDUR MANGANESE AND IRON ORES LTD MARCH-QUARTER CONSOL NET PAT 1.64 BILLION RUPEES VERSUS 1.74 BILLION RUPEES

• SANDUR MANGANESE AND IRON ORES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.52 BILLION RUPEES VERSUS 6.08 BILLION RUPEES

Source text for Eikon: ID:nBSE5JLZtQ

Further company coverage: SUMG.NS

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April 26 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES - CO AND ADV PARTNERS ANNOUNCED EXECUTION OF BINDING AGREEMENT

• SANDUR MANGANESE AND IRON ORES LTD - BINDING AGREEMENT RELATING TO STRATEGIC BUSINESS ACQUISITION OF ARJAS STEEL (ARJAS) BY CO

• SANDUR MANGANESE AND IRON ORES LTD - ARJAS HAS BEEN VALUED AT AN ENTERPRISE VALUE OF 30 BILLION RUPEES

Source text for Eikon: ID:nNSE3hlsTS

Further company coverage: SUMG.NS

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** Shares of Sandur Manganese and Iron Ores SUMG.NS up 10% at a record high of 2,544.95 rupees

** The miner approved bonus issue of shares where 5 new shares will be issued to shareholders for every share held in the company

** Stock up ~65% in Dec. so far, hitting multiple record highs during the period, partly due to co's inclusion in the S&P BSE Energy Index .SPBSENIP

** Nearly 300,000 shares traded, 3.5x their 30-day avg

** Stock up ~55% since listing on the National Stock Exchange in Sept

(Reporitng by Nishit Navin in Bengaluru)

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** Shares of Sandur Manganese and Iron Ores SUMG.BO surge as much as 12.80% to a record high of 2,166.25 rupees

** BSE says miner will be included into S&P BSE Energy index .SPBSENIP, effective Dec. 18

** Addition into index likely to bring in further inflows into the company through index funds, according to analysts

** Trading volume is ~358,700 shares as of 2:17 p.m. IST, six times the 30-day avg - LSEG data

** Including session's gains so far, SUMG up 162% in 2023 compared to 9% rise in BSE Energy index

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))