Sandur Manganese & Iron Ores has raised Rs 18 crore through issue of Rights Equity Shares. Moreover, the company has approved allotment of 1,80,03,882 Fully Paid-up Rights Equity Shares of the face value of Rs 10 each to the eligible applicants at an issue price of Rs 10 per equity share on rights basis. The board of directors of the company at its meeting held on September 09, 2022 has approved the same.
Sandur Manganese & Iron Ores is engaged in mining of finest low grade, low phosphorous, manganese and iron ores, facility for production of ferroalloys and management of hydro-electric power generation.
