1954 - The company was incorporated as a private limited company in
and latter on converted as public limited company in 1964.
company is promoted by Mr Y.R. Ghorpade. The company is
in the business of mining of Manganese and Iron Ore. The
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
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
for allotment to financial institutions, directors, etc.)
1974 - In June, 25,000 B Pref. shares and 10,00,000 No. of Equity
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
allotted prop. 1:1 on 28.4.1994. Another 10,00,000 No. of
shares issued on pref. basis to promoters and associates
-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.
- Board has recommended to pay a final dividend of Rs 1.50 per equity
- The Board have recommended a dividend of Rs. 3 per equity share.
- SandurMngnes - Inauguration of 32 MW Thermal Power Plant.
- Board have recommended a dividend of Rs. 5 per equity share.
- SandurMngnes - Receipt of order dated April 20, 2012 of the Hon'ble
Supreme Court for resumption of mining operations by Cate.