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Sandur Manganese to amalgamate subsidiary with itself

16 Feb 2018 Evaluate

Sandur Manganese & Iron Ores has received an approval for Scheme of Amalgamation of its subsidiary, Star Metallics and Power with itself. The Board of Directors of the company at its meeting held on February 14, 2018, approved the same.

Sandur Manganese & Iron Ores is engaged in mining manganese and iron ores in Deogiri village of Sandur taluk, Bellary District, Karnataka.

Peers
Company Name CMP
Coal India 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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