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Sandur Manganese Board to Consider Bonus Issue on August 8; Share Price Jumps Over 3%

Written by: Team Angel OneUpdated on: 6 Aug 2025, 9:22 pm IST
Sandur Manganese share price jumps over 3% as the Board will review a fresh bonus share proposal on August 8, following last year’s 5:1 bonus.
Sandur Manganese Board to Consider Bonus Issue on August 8; Share Price Jumps Over 3%
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Sandur Manganese & Iron Ores Ltd is set to revisit the idea of rewarding its shareholders with bonus shares for the second time in just 12 months. The company’s board will meet on Friday, 8 August, to consider the proposal, as disclosed ahead of the scheduled meeting. This potential corporate action comes on the back of robust revenue performance and follows its first-ever bonus issuance in 2024.

Previous Bonus And Dividend Record

The previous bonus issue was announced in 2024 in a generous 5:1 ratio, granting shareholders 5 additional shares for every 1 share they owned as of the record date. It marked the company's debut free share issue since its inception. 

Alongside that bonus, Sandur Manganese also paid out a final dividend of ₹1 per share in 2024. In the years preceding, the company had issued dividends of ₹5 per share in both 2022 and 2023. The record date for the upcoming bonus, however, is yet to be determined.

Sandur Manganese Q4FY25 Results 

Despite a slight dip in quarterly profitability, Sandur Manganese maintained strong revenue momentum in Q4FY25. The company posted a consolidated net profit of ₹156 crore, a 4.5% decline from ₹164 crore in the same period last year. 

However, total revenue from operations soared to ₹1,330 crore during the quarter, reflecting a sharp 128% year-on-year rise. Known for its work in the metals sector, the company produces ferrosilicon, ferro manganese, pig iron, and silica manganese, cementing its role as a key player in the ferrous alloy industry.

Also Read: Godfrey Phillips Announces 2:1 Bonus Issue and Strong Q1 FY26 Results

Sandur Manganese & Iron Ores Share Price Performance 

As of August 6, 2025, at 2:46 PM, Sandur Manganese & Iron Ores share price is trading at ₹483.90 per share, reflecting a gain of 3.18%. Over the past month, the stock has declined by 0.54%.

Conclusion

The proposal to issue another round of bonus shares underscores Sandur Manganese’s focus on shareholder value, particularly after a milestone financial year. Investors will be watching closely as the board meets on 8 August to decide on what could be the company’s second bonus in just over a year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 6, 2025, 3:52 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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