The Board of Directors of The Sandur Manganese & Iron Ores Limited has officially recommended a final dividend of ₹0.50 per equity share for the financial year ended 31 March 2026. This decision, reached during the company’s 384th board meeting, remains subject to final approval by shareholders at the upcoming Annual General Meeting.
Dividend Announcement for FY 2025-26
During the board meeting held on 7 May 2026, the directors reviewed the company’s financial performance for the year concluding on 31 March 2026. Following this review, the board announced a proposal for a final dividend of ₹0.50 (Fifty Paise) for every equity share held by shareholders.
Shareholder Approval and Next Steps
The proposed dividend is pending formal authorization by the company’s shareholders, which will take place during the ensuing Annual General Meeting. Regarding the timeline for distribution, the company has clarified that the Record Date to determine shareholder eligibility for this payout will be finalized in a future board meeting. Further updates concerning the record date will be communicated to the stock exchanges and published on the official company website in due course.
Source: BSE
