By News18,Varun Yadav
Copyright news18
The Sandur Manganese & Iron Ore Bonus 2025: The Sandur Manganese & Iron Ore Limited’s board, a company that engages in the business of manganese and iron ores, has recommended a bonus issue for the shareholders along with the record date on September 22, 2025. In the filing, the company informed that shareholders will get the bonus equity shares in the ratio of 2:1, meaning 2 (two) new fully paid-up equity share for every (one) existing equity share.
“…the Board of Directors of the Company has fixed Monday, 22 September 2025 as the Record Date for the purpose of determining the shareholders and their entitlement for issue and allotment of Bonus Equity Shares in the ratio of 2:1 i.e., 2 (Two) new fully paid-up Equity Shares of ₹10/- each for every 1 (One) existing fully paid-up Equity Share of ₹10/- each held by them. Further, pursuant to SEBI Circular No. CIR/CFD/PoD/2024/122 dated 16 September 2024, the Board took on record the deemed date of allotment as Tuesday, 23 September 2025,” the company said in the filing.
Shares of The Sandur Manganese & Iron Ore Limited were trading at Rs 485 apiece with a gain of around 1 per cent at noon. The scrip opened at Rs 493.20 apiece, against the previous day close at Rs 480.50 apiece. The stock’s 52-week movement indicates a high of Rs 557.50 and a low of Rs 338.30.
The Sandur Manganese & Iron Ore Bonus, Dividend History
The company had declared a bonus issue in the ratio of 5:1 last year, too, in February. Along with the bonus, the company had declared a final dividend of Rs 1.25 per share for FY2024-25.
Established in 1954, the company has since expanded beyond mining operations to include the production of ferroalloys, coke and energy, and continue to work towards further downstream expansion and diversification.
The Sandur Manganese & Iron Ore Share Price History
The performance of the stocks remained impressive in the long term. In the short-term, there’s a sign of consolidation with YTD returns of only 15 per cent.
In the past three years, the stocks surged 238 per cent, converting investors’ wealth multifold. While the past five-year return of the stocks stood at 1150 per cent.
