Sandur Manganese & Iron Ores Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Sandur Manganese & Iron Ores reported a strong consolidated net profit of ₹476 Cr for the quarter and half-year, nearly doubling last year’s ₹239 Cr. The board has announced a final dividend of ₹1.25 per share, pending shareholder approval. Integration of Arjas Steel Pvt Ltd since November 2024 is driving revenue and profit growth. The company raised ₹450 Cr through secured NCDs at 11% interest, fully deployed for business needs. Sandur Pellets Pvt Ltd is being voluntarily liquidated, and N. D. Satish has been appointed secretarial auditor for five years.