Sandur Manganese & Iron Ores: Appointment of Non - Exec u tive Director
Sandur Manganese & Iron Ores (SANDUMA) filed a disclosure titled "Appointment of Non - Exec u tive Director". The company is valued at about ₹7,982 crore.
What happened
Sandur Manganese & Iron Ores (SANDUMA) filed a disclosure with the exchanges on 3 November 2026 at 06:19 PM titled "Appointment of Non - Exec u tive Director".
From the filing: "HO/49/14/14(7)2025 - CFD - POD2/I/3762/2026 dated 30 January 2026 in respect of aforesaid appointment is given in 'Annexure A' to this letter."
Company snapshot
Sandur Manganese & Iron Ores is a small-cap company in the Metals & Mining sector, with a market value of about ₹7,982 crore.
The stock last traded at ₹164.2, against a 52-week range of ₹153.3–₹273 (39.9% below the high).
Before this filing the shares had moved −7.3% over the month and −20.4% over three months. Average daily turnover over the last 20 sessions was about ₹7.34 crore.
Promoters held 74.22% at the end of Q1 FY27. Foreign institutions owned 1.74% and domestic institutions 0.58%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,135 | 166.6 | 10.28 |
| Q2 FY26 | 1,232 | 138.5 | 2.85 |
| Q3 FY26 | 1,209 | 115.8 | 2.38 |
| Q4 FY26 | 1,511 | 235.8 | 4.85 |
| Q1 FY27 | 1,375 | 227.1 | 4.67 |
What history shows
This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.1% on average the next trading day and was down 4.6% on average after five days (4 filings with price data).
Across 70 similar disclosures by other Metals & Mining companies, shares moved +0.3% on average the next day and −0.8% over five days; 54% of them rose the next day.
Market-wide, 4,129 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 6 Aug 2026 | Authorisation For Determining Materiality Of An Event Or Information | −4.2% | −7.4% |
| 9 Jul 2026 | Resignation of Director/KMP/SMP | −0.1% | −3.7% |
| 9 Jul 2026 | Management change | −0.1% | −3.7% |
| 9 Jul 2026 | Management change | −0.1% | −3.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 3 November 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Sandur Manganese & Iron Ores Ltd Estimates – NSE:SANDUMA
- Sandur Manganese & Iron Ores (SANDUMA) Share Price Hits Fresh 52-Week Low
- Sandur Manganese Leases 6.2 Acres at Vizag AMTZ for Medical Devices Manufacturing
- Sandur Manganese (SANDUMA.NS) Slides 3.39% to ₹156.58, Tests Support Zone Near ₹148.75 - Thematic ETF Flow
- Sandur Manganese MedTech Land Lease at AMTZ Visakhapatnam
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.