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.
Also Read: Pharma stocks with low debt to look out for
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.
Also Read: Textile stocks with low PE ratio to add to your watchlist
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.
Stay Ahead with the Latest Stock Market Updates – Click Here
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.
FAQs
A: Sandur Manganese & Iron Ores Ltd share price rose after the Board approved 32,40,69,876 bonus equity shares in 2:1 ratio on September 23, 2025.
A: Sandur Manganese & Iron Ores Ltd specializes in mining low-phosphorus manganese and iron ore, and manufacturing ferro-alloys and coke in Karnataka.
A: Sandur Manganese & Iron Ores Ltd has a market capitalization of ₹8,368.29 crore as of September 24, 2025.
