SANDUMA

Feb 14 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES DEC-QUARTER CONSOL NET PROFIT 1.37 BILLION RUPEES

• SANDUR MANGANESE AND IRON ORES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.52 BILLION RUPEES

Source text: ID:nBSE3Wxyjn

Further company coverage: SUMG.NS

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** Shares of Sandur Manganese and Iron Ores SUMG.NS up 2.8% to 496 rupees

** Miner gets top court-appointed advisory body's consent to increase iron ore production from 3.81 MTPA to 4.36 MTPA

** Stock eyes a third straight session of gains

** Stock rose ~15% in 2024

(Reporting by Yagnoseni Das in Bengaluru)

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Jan 1 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES - GETS APPROVAL FOR INCREASE OF ANNUAL PRODUCTION LIMIT OF IRON ORE

• SANDUR MANGANESE AND IRON ORES - GETS NOD FOR ANNUAL PRODUCTION LIMIT OF IRON ORE AT 4.36 MTPA

Source text: ID:nBSEbnsV2j

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Dec 24 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES LTD - RECEIVES CONSENT FOR ESTABLISHMENT-EXPANSION FROM KSPCB

Source text: ID:nNSE3lW8M1

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Nov 13 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES SEPT-QUARTER CONSOL PROFIT 323.4 MILLION RUPEES

• SANDUR MANGANESE AND IRON ORES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.6 BILLION RUPEES

Source text: ID:nBSE8BM1MS

Further company coverage: SUMG.NS

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Nov 12 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• CONCLUDES STRATEGIC BUSINESS ACQUISITION OF ARJAS STEEL

• TO ACQUIRE ABOUT 99% EQUITY CAPITAL OF ARJAS

• ENTERPRISE VALUE OF TRANSACTION PEGGED AT 30 BILLION RUPEES

Source text: ID:nBSEc7q1wJ

Further company coverage: SUMG.NS

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** Shares of Sandur Manganese and Iron Ores SUMG.NS up 2.8% to 496 rupees, their biggest intraday pct gain since Aug. 30

** Miner got pollution board's consent for enhancement of manganese ore production from current 0.43 MTPA to 0.55 MTPA

** Shares see second-busiest week since Aug 19, with over 815,000 shares traded

** Stock up 2.4% YTD

(Reporting by Aleef Jahan in Bengaluru)

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Sept 19 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• GRANT OF CONSENT FOR OPERATION

• GRANT FOR CO'S MINES FOR ENHANCEMENT OF MANGANESE ORE PRODUCTION

Source text for Eikon: ID:nBSE8SmXtQ

Further company coverage: SUMG.NS

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** Shares of Sandur Manganese and Iron Ores SUMG.NS rise as much as 3.8% to 507.85 rupees

** SUMG on Monday said its board has approved raising of funds up to 10 bln rupees ($119.3 mln)

** Adds, fund raise would be via issuance of shares

** Trading vol 1.7x 30-day daily avg

** Stock is up 84.5% since listing in Sept. 2023

($1 = 83.8350 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

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Sept 16 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• TO RAISE FUNDS BY ISSUANCE OF SHARES WORTH UP TO 10 BILLION RUPEES

Source text for Eikon: ID:nBSE1sg04s

Further company coverage: SUMG.NS

(Reporting by VijayDattaram Malkar)

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Sept 10 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• TO CONSIDER PROPOSAL FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSE3QRBXn

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(Reporting by VijayDattaram Malkar)

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Sept 6 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• APPROVED RAISING OF FUNDS OF UP TO 4.5 BILLION RUPEES

• RAISING OF FUNDS THROUGH ISSUANCE OF NON-CONVERTIBLE DEBENTURES

• ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS

• APPROVED AVAILING LONG-TERM BORROWINGS FOR UPTO 9 BILLION RUPEES

• APPROVED LONG TERM BORROWINGS IN FORM OF RUPEE TERM LOAN FROM NBFCS

Source text for Eikon: ID:nBSE5XpYLf

Further company coverage: SUMG.NS

(Reporting by VijayDattaram Malkar)

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Sept 2 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES-GETS ENVIRONMENTAL CLEARANCE FOR RAMGHAD MANGANESE & IRON ORE MINES

• SANDUR MANGANESE AND IRON ORES - EC FOR IRON ORE PRODUCTION OF 0.216 MILLION TONNES PER ANNUM

Source text for Eikon: ID:nBSEd33jy

Further company coverage: SUMG.NS

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** Shares of manganese ore producer MOIL MOIL.NS rise 3.35% to 414.35 rupees apiece

** Co says it aims to nearly double production of manganese ore to 35 lakh metric tonnes (MT) by FY30 from 17.56 lakh MT in FY23-24

** This is nearly one-third of total 11 million MT of manganese ore required to meet India's steel production target by 2030

** MOIL also aims to grow market share to 32% from 20% currently

** Stock set to snap three-week losing streak, up 1.6% this week so far - NSE data

** MOIL up 34% so far in 2024, outperforming rivals like Tata Steel TISC.NS and Sandur Manganese SUMG.NS, which are up 10.5% and 5%, respectively - NSE data

(Reporting by Bharath Rajeswaran in Bengaluru)

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Aug 5 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES - NAMES KRISHNENDU SANYAL AS CEO

Source text for Eikon: ID:nBSE7X7Qrz

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May 15 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES LTD - FINAL DIVIDEND OF 1 RUPEE PER SHARE

• SANDUR MANGANESE AND IRON ORES LTD MARCH-QUARTER CONSOL NET PAT 1.64 BILLION RUPEES VERSUS 1.74 BILLION RUPEES

• SANDUR MANGANESE AND IRON ORES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.52 BILLION RUPEES VERSUS 6.08 BILLION RUPEES

Source text for Eikon: ID:nBSE5JLZtQ

Further company coverage: SUMG.NS

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April 26 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• SANDUR MANGANESE AND IRON ORES - CO AND ADV PARTNERS ANNOUNCED EXECUTION OF BINDING AGREEMENT

• SANDUR MANGANESE AND IRON ORES LTD - BINDING AGREEMENT RELATING TO STRATEGIC BUSINESS ACQUISITION OF ARJAS STEEL (ARJAS) BY CO

• SANDUR MANGANESE AND IRON ORES LTD - ARJAS HAS BEEN VALUED AT AN ENTERPRISE VALUE OF 30 BILLION RUPEES

Source text for Eikon: ID:nNSE3hlsTS

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** Shares of Sandur Manganese and Iron Ores SUMG.NS up 10% at a record high of 2,544.95 rupees

** The miner approved bonus issue of shares where 5 new shares will be issued to shareholders for every share held in the company

** Stock up ~65% in Dec. so far, hitting multiple record highs during the period, partly due to co's inclusion in the S&P BSE Energy Index .SPBSENIP

** Nearly 300,000 shares traded, 3.5x their 30-day avg

** Stock up ~55% since listing on the National Stock Exchange in Sept

(Reporitng by Nishit Navin in Bengaluru)

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** Shares of Sandur Manganese and Iron Ores SUMG.BO surge as much as 12.80% to a record high of 2,166.25 rupees

** BSE says miner will be included into S&P BSE Energy index .SPBSENIP, effective Dec. 18

** Addition into index likely to bring in further inflows into the company through index funds, according to analysts

** Trading volume is ~358,700 shares as of 2:17 p.m. IST, six times the 30-day avg - LSEG data

** Including session's gains so far, SUMG up 162% in 2023 compared to 9% rise in BSE Energy index

(Reporting by Bharath Rajeswaran in Bengaluru)

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Dec 7 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• TO CONSIDER PROPOSAL FOR ISSUE OF BONUS SHARES

Source text for Eikon: ID:nBSE54jhZx

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Nov 8 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.NS:

• INDIA'S SANDUR MANGANESE AND IRON ORES SEPT-QUARTER CONSOL NET PAT 269.8 MILLION RUPEES VERSUS 218.8 MILLION RUPEES

• SANDUR MANGANESE AND IRON ORES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.85 BILLION RUPEES VERSUS 4.79 BILLION RUPEES

Source text for Eikon: ID:nBSE24gpLN

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Sept 5 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.BO:

• GOT CONSENT FOR EXPANSION FROM KARNATAKA BOARD TO INCREASE IRON ORE PRODUCTION TO 4.50 MTPA

• ALSO GOT CONSENT FROM KARNATAKA BOARD FOR PROPOSED 7 MTPA BENEFICIATION PLANT, DOWNHILL CONVEYOR SYSTEM

Source text for Eikon: ID:nBSE8Wjlkk

Further company coverage: SUMG.BO

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Aug 3 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.BO:

• INDIA'S SANDUR MANGANESE AND IRON ORES JUNE-QUARTER CONSOL NET PAT 397.8 MILLION RUPEES VERSUS PROFIT 336.1 MILLION RUPEES

• SANDUR MANGANESE AND IRON ORES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.63 BILLION RUPEES VERSUS 6.52 BILLION RUPEES

Source text for Eikon: ID:nBSE8DFjKz

Further company coverage: SUMG.BO

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April 25 (Reuters) - Sandur Manganese and Iron Ores Ltd SUMG.BO:

• BEEN ACCORDED ENVIRONMENTAL CLEARANCE FOR ENHANCING IRON ORE PRODUCTION FROM 1.60 MTPA TO 4.50 MTPA

Source text for Eikon: ID:nBSE1HffXV

Further company coverage: SUMG.BO

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