Sandur Manganese & Iron Ores Limited has informed the Exchange about receipt of Listing and Trading Approval for Bonus Issue from BSE Limited

Corporate Actions View source PDF Explain this filing

SANDUMA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+7.7%Reaction day

₹158.75

prior close

₹169.30

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%+8.0% vs market

Iron & Steel peers, median of 9sector-0.6%+8.2% vs sector

On the reaction day the stock moved 8.0 pts more than Nifty Microcap 250 and 8.2 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.3

15m

+0.0

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.7-0.4+8.0-0.6+8.2

Next day

+4.6-1.4+6.0-0.5+5.1

+1.7-3.5+5.2-3.1+4.8

+4.5-4.3+8.8-3.7+8.2

+5.9-4.7+10.6-2.4+8.3

+6.1-3.4+9.5-1.4+7.5

+27.6-2.4+29.9-1.7+29.2

15d

+44.1-2.2+46.3-4.4+48.5

+35.7-1.5+37.2-5.5+41.2

+23.2-4.6+27.8-7.8+31.0

+51.8-6.1+57.9-6.2+58.0

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sandur Manganese & Iron Ores Limited has received final approval from BSE for listing and trading of 32,40,69,876 bonus equity shares of Rs. 10 each, effective from 24 September 2025. This follows the in-principle approval received earlier on 15 September 2025. The bonus shares will now be tradable on the exchange alongside the existing shares (scrip codes 504918 & 976135, symbol SANDUMA). The Company Secretary has formally informed both BSE and NSE about this development.

Likely market impact

Shareholders who were eligible for the bonus issue can now see and trade the additional shares in their demat accounts from 24 September 2025. Typically, bonus issues increase liquidity and are viewed neutrally on stock price in the short term (price adjusts downward proportionally), though they signal management's confidence in future earnings.