The Sandur Manganese & Iron Ores Limited has announced significant changes to its Board of Directors. The company has appointed G. P. Kundargi as an Additional Director in the Non-Executive category, effective 12 November 2026. Concurrently, Dr. Latha Pillai has resigned as an Independent Director due to personal commitments, with her resignation effective 4 November 2026. These appointments and resignations are subject to necessary approvals.
Board Appointments and Resignations
The Sandur Manganese & Iron Ores Limited has officially announced key changes within its leadership team. Effective 12 November 2026, G. P. Kundargi has been appointed as an Additional Director in the category of Non-Executive Director. His appointment is for a term liable to retirement by rotation and is subject to shareholder approval via a postal ballot. Mr. Kundargi’s extensive experience in the mining and metals industry is expected to benefit the company.
Director Resignation
In a separate development, Dr. Latha Pillai has tendered her resignation from the position of Independent Director, effective 4 November 2026. Dr. Pillai cited personal commitments as the reason for her departure. Consequently, she will also cease to be the Chairperson of the Nomination and Remuneration Committee and a member of other key committees, including the Audit Committee and Risk Management Committee. The Board has expressed its profound appreciation for Dr. Pillai’s contributions during her tenure.
Investment in Wholly Owned Subsidiary
The Board of Directors also approved an investment of up to ₹200 crore in its wholly owned subsidiary, Royal Sandur MedTech Private Limited. This investment will be made through the subscription of equity shares in one or more tranches. The financial results for the quarter and half year ended 30 September 2026 were also reviewed and approved.
Source: BSE
