Sandur Manganese & Iron Ores Limited — Dividend/Bonus, 08-08-2025: Bonus

Sandur Manganese & Iron Ores (SMIORE) has approved a 2:1 bonus issue, meaning shareholders will get 2 new shares for every 1 they hold. This is subject to shareholder approval, with the record date to be announced. The move will significantly increase the company's equity base, from approx. 16.20 Cr shares to 48.61 Cr shares, utilizing ₹324.07 Cr from free reserves. This typically aims to boost liquidity, make shares more accessible to a wider investor base, and reward existing shareholders.