Sandur Manganese Approves Capital Clause Alteration

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The Sandur Manganese & Iron Ores Limited announced that the members of the company have approved the alteration of the Capital Clause of the Memorandum of Association (MOA) through a resolution passed via postal ballot on September 10, 2025. This decision follows the company's earlier intimation to stock exchanges on August 8, 2025.

The alteration is in accordance with Regulation 30, read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) “SEBI (LODR)” Regulations, 2015.

The revised Capital Clause of the MOA now states:

“The Authorised Share Capital of the Company is ₹6,00,00,00,000/- (Rupees Six Hundred Crore only) divided into 60,00,00,000 (Sixty Crore) Equity Shares of ₹10/- each and further subject to be increased or reduced in accordance with the regulations of the Company and the legislative provisions for the time being in force in this behalf and with power to divide the shares in the capital of the Company, for the time being, into Equity Share Capital and Preference Share Capital and attach thereto respectively any preferential, qualified or special rights, privileges or conditions in such manner as may, for the time being, be permitted by the Companies Act, 2013 or any statutory amendment or modifications thereof or as provided by the Articles of Association of the Company for the time being in force.”

The details of the alteration are as per SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155, dated November 11, 2024.