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Sandur Manganese & Iron Ores informs about disclosure

19 Jul 2024 Evaluate
Sandur Manganese & Iron Ores has informed that the Company has received a communication under Regulation 28(5) of the Competition Commission of India (Procedure in regard to transaction of business relating to combinations) Regulation, 2011 informing that the Commission, in its meeting held on 18 July 2024, considered the combination and approved the same under Section 31(1) of the Competition Commission Act, 2002. A copy of the letter dated 18 July 2024 of CCI in this regard is attached. The closing of the transaction is subject to fulfilment of other requisite conditions provided under the Share Purchase Agreement dated 25 April 2024.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Coal India 421.25
NMDC 76.38
Ashapura Minechem 505.00
Sandur Manganese 179.45
GMDC 513.40
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