Sandur Manganese: Stock jumps 7% after announcing 2:1 bonus sharesSandur Manganese: Stock jumps 7% after announcing 2:1 bonus shares

Introduction

Leading mining and minerals company has approved allotment of bonus equity shares in a 2:1 ratio, increasing total equity share capital and strengthening its shareholder base and financial structure.

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Share price movement of Sandur Manganese

On September 24, 2025, Sandur Manganese & Iron Ores Ltd opened at ₹156.20, up from its previous close of ₹158.80. The stock reached a high of ₹174.50 and a low of ₹156.20. By 2:13 PM, it traded at ₹172.15, an 8.41% increase, with a market cap of ₹8,368.29 crore.

Sandur Manganese & Iron Ores Limited Allots Bonus Shares

The Sandur Manganese & Iron Ores Limited Board approved allotment of 32,40,69,876 bonus equity shares in 2:1 ratio on September 23, 2025.

The bonus shares will be fully paid-up and rank pari-passu with existing equity shares. The total issued, subscribed, and paid-up capital is now 48,61,04,814 shares.

The allotment benefits existing shareholders, enhancing shareholding without additional investment. Stock exchanges have been requested to take the allotment on record.

Stock performance of Sandur Manganese for Period of 1 week, 6 months, and 1 year

Sandur Manganese & Iron Ores Ltd delivered a 5.24% return over the past week, it gained 15.3% in the past six months. The stock rose 2.61% over the past year.

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Shareholding pattern of Sandur Manganese

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	74%	74%	74%
FII	1.00%	1.10%	1.10%
DII	0.60%	1.40%	1.50%
Public	24.20%	23.20%	23.20%

About Sandur Manganese

Sandur Manganese & Iron Ores Ltd (SANDUMA) is a Karnataka-based mining company, producing low-phosphorus manganese and iron ore, along with ferro-alloys and coke, ranking as India’s third-largest manganese ore miner.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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