Sandur Manganese & Iron Ores Limited — JV/Acquisition, 06-08-2026: Acquisition

Sandur Manganese & Iron Ores Limited has approved the incorporation of two new wholly-owned subsidiaries, Royal Sandur Hospitality Private Limited and Royal Sandur Academy Private Limited. The company plans to invest ₹1 crore into each entity for 100% ownership. This strategic move marks Sandur Manganese's diversification into the hospitality sector with hotels and resorts, and the education/training sector through academies for skill development and sports. This expansion aims to broaden the company's business portfolio beyond its core manganese and iron ore operations.