Sandur Manganese & Iron Ores shareholders approve capital increase, bonus shares

Shareholders of Sandur Manganese & Iron Ores Limited have overwhelmingly approved two resolutions, including an increase in authorized share capital and the issuance of bonus shares, during a postal ballot that concluded on September 10, 2025. The e-voting results, scrutinized by T. Sathya Prasad Yadav, advocate, confirmed the resolutions were passed with the requisite majority.

For the increase in authorized share capital and subsequent alteration of the memorandum of association, a significant 99.7396% of polled votes were in favor, totaling 123,367,926 shares. Only 0.2604% of votes were cast against the proposal.

The second resolution, concerning the issue of bonus shares to equity shareholders, also received strong approval with 99.3085% of polled votes (122,834,665 shares) cast in favor, against 0.6915% opposed. Both resolutions were deemed passed on September 10, 2025, and the company has requested stock exchanges to take these results on record.