Archive · 5 Aug 2025
Sandur Manganese Considers Bonus Share Proposal, Stock Rallies
Sandur Manganese, a company that makes metal, is thinking about giving its shareholders extra shares.
They've done this before, in 2024.
They are considering this again, and the board will meet on August 8, 2025, to discuss it.
If approved, shareholders would get free shares.
This has happened before with a 5:1 bonus.
The company also gives out regular dividends, like ₹1 per share this year.
Despite a slight drop in profit at the end of the year, the company had a very profitable year overall, with sales and profits rising significantly.
Sandur Manganese & Iron Ores is considering a bonus share issue.
The board meeting to discuss the proposal is scheduled for August 8, 2025.
This is the second bonus issue consideration in 12 months.
In 2024, a 5:1 bonus issue was offered to shareholders.
Shares of the company increased by up to 6.1% after the announcement.
- Who
- Sandur Manganese & Iron Ores
- What
- Sandur Manganese & Iron Ores is considering issuing bonus shares.
- When
- August 8, 2025, and previously in 2024.
- Where
- N/A
- Why
- To potentially reward shareholders.
- Company
- Sandur Manganese & Iron Ores
- Consideration Date
- August 8, 2025
- Bonus Issue Ratio (2024)
- 5:1
- Stock Price High
- ₹476.45
- Net Profit FY25
- ₹470.61 crore
Sources
MOIL produces higher manganese ore in July than ever before
MOIL reports manganese ore production of 1.45 lakh tonnes in July
Bonus Alert: After five free shares in 2024, metal stock to consider another proposal on August 8