Sandur Manganese & Iron Ores Limited — Others, 24-03-2025: Amendment to AOA/MOA

The Sandur Manganese & Iron Ores Limited has announced a board meeting to address the alteration of the Articles of Association (AOA), recently approved by shareholders via postal ballot. The modification addresses compliance requirements related to its Non-Convertible Debentures, enabling appointment of nominee directors by stakeholders during default events. This strategic adjustment is aimed at enhancing governance and transparency, potentially bolstering investor confidence. The update reflects a proactive approach to managing stakeholder interests, presenting a positive outlook as the company strengthens its financial frameworks amidst potential challenges.