SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sandur Manganese & Iron Ores informs about update on closure of wholly owned subsidiary

02 May 2026 Evaluate
Pursuant to the provisions of Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sandur Manganese & Iron Ores has informed that the National Company Law Tribunal, Bengaluru Bench vide its order dated 29 April 2026 (uploaded on 1 May 2026), approved the voluntary liquidation of Sandur Pellets Private Limited (SPPL), Wholly Owned Subsidiary of the Company as per the applicable provisions of the Insolvency and Bankruptcy Code, 2016 read with the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, thereby dissolving SPPL. Detailed information as required under SEBI (LODR) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/202 dated 30 January 2026 is given in ‘Annexure A’ to this letter.

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

Sandur Manganese Share Price

214.15 6.35 (3.06%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 469.75
NMDC 89.20
GMDC 699.70
Sandur Manganese 214.15
MOIL 313.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×