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Sandur Manganese and Iron Ores > Company History > Mining/Minerals > Company History of Sandur Manganese and Iron Ores - BSE: 504918, NSE: N.A
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Sandur Manganese and Iron Ores
BSE: 504918|ISIN: INE149K01016|SECTOR: Mining/Minerals
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May 24, 17:00
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Sandur Manganese and Iron Ores is not listed on NSE
Company History - Sandur Manganese and Iron Ores
YEAR                       EVENTS
 1954 - The company was incorporated as a private limited company in
 1954 
        and latter on converted as public limited company in 1964. 
 The
        company is promoted by Mr Y.R. Ghorpade.  The company is
 engaged
        in the business of mining of Manganese and Iron Ore.  The
 company
        is also setting up an Electro-metallurgical plant for the
        manufacture of pig iron.
 
 1960 - 18,750 No. of equity shares issued for consideration other
 than
        cash.
 
 1962 - 6,525 Bonus Equity shares issued in the proportion 3:10.
 
 1966 - In April, 16,000 Pref. shares and 52,475 No. of equity shares
        issued through prospectus.  (27,000 No. of equity shares
 reserved
        for allotment to financial institutions, directors, etc.)
 
 1974 - In June, 25,000 B Pref. shares and 10,00,000 No. of Equity
 shares
        of Rs 10 each offered to the public at par.
 
 1994 - 80,750 shares of Rs 100 each sub-divided into shares of Rs 10
        each in March 1993.  18,75,000 rights equity shares of Rs 10
 each
        allotted prop. 1:1 on 28.4.1994.  Another 10,00,000 No. of
 equity
        shares issued on pref. basis to promoters and associates
        Companies.
 2008
 
 -Sandur Manganese & Iron Ores Ltd has appointed Venture Capital &
 Corporate Investments Pvt Ltd having its registered office at
 12-10-167, Bharat Nagar, Hyderabad - 500 018 (Phone: 040-23818475 /
 23818476) as its share transfer agent to undertake the share
 transfers with effect from January 18, 2008.
 
 2009
 
 - Board has recommended to pay a final dividend of Rs 1.50 per equity
 share.
 
 2010
 
 - The Board have recommended a dividend of Rs. 3 per equity share.
 
 - SandurMngnes - Inauguration of 32 MW Thermal Power Plant.
 
 2011
 
 - Board have recommended a dividend of Rs. 5 per equity share.
 
 2012
 
 - SandurMngnes - Receipt of order dated April 20, 2012 of the Hon'ble
 Supreme Court for resumption of mining operations by Cate.
Source : Dion Global Solutions Limited
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