The Sandur Manganese & Iron Ores Limited announced that G. P. Kundargi will cease his term as an Independent Director on November 11, 2026, upon completing his second consecutive term. Subsequently, the Board has appointed him as a Non-Executive Director, effective November 12, 2026, subject to shareholder approval. This change reflects a transition in his role within the company’s governance structure.
Director Role Transition Announced
The Sandur Manganese & Iron Ores Limited has informed the stock exchanges regarding a significant change in its directorship. Mr. G. P. Kundargi, who has served as an Independent Director, will be completing his second consecutive term on November 11, 2026. Consequently, he will cease to hold the position of Independent Director from that date.
New Appointment Effective November 12, 2026
In a subsequent development, the Board of Directors has appointed Mr. G. P. Kundargi to a new role as a Non-Executive Director. This appointment is effective from November 12, 2026. This new role is subject to the necessary approvals from the company’s shareholders. Mr. Kundargi will be liable to retire by rotation in accordance with the company’s regulations.
Regulatory Compliance
The company has provided detailed information as required under SEBI (LODR) Regulations, 2015, and relevant circulars, in Annexure A to this disclosure. The communication dated November 11, 2026, confirms the completion of Mr. Kundargi’s term as an Independent Director and his subsequent appointment to the non-executive role, ensuring transparency in corporate governance changes.
Source: BSE
