The Sandur Manganese & Iron Ores Limited has announced the incorporation of its wholly-owned subsidiary, Royal Sandur Academy Private Limited. This new entity, incorporated on August 14, 2026, aims to engage in the business of academy operations, including coaching centers, sports academies, and skill development institutes. The incorporation marks a strategic step towards diversification into educational and training services.
Establishment of Royal Sandur Academy Private Limited
The Sandur Manganese & Iron Ores Limited has officially incorporated a new wholly-owned subsidiary named Royal Sandur Academy Private Limited. This development, confirmed by a certificate of incorporation dated 14 August 2026 from the Ministry of Corporate Affairs, signifies a strategic move by the company to expand its business interests.
Business Focus of the New Subsidiary
Royal Sandur Academy Private Limited is established to operate in the education and training sector. Its business activities will encompass the establishment and management of various educational facilities, including coaching centres, sports academies, skill development institutes, and vocational training centres. The subsidiary will also focus on developing educational infrastructure, digital learning platforms, and providing residential facilities, alongside related consultancy and support services.
Investment Details
The incorporation involved the subscription of 10,00,000 equity shares, each with a face value of ₹10/-, aggregating to a total investment of ₹1,00,00,000/-. This capital infusion is made in cash. The Sandur Manganese & Iron Ores Limited will hold 100% shareholding in Royal Sandur Academy Private Limited, ensuring complete control and alignment with the parent company’s strategic objectives.
Source: BSE
