Sandur Manganese & Iron Ores Limited has informed the Exchange that Record date for the purpose of Bonus is 22-Sep-2025 and deemed date of allotment for Bonus is 23-Sep-2025
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Sandur Manganese & Iron Ores Limited has announced the record date for its upcoming Bonus issue as 22-Sep-2025. The deemed date of allotment for the Bonus shares is set for 23-Sep-2025. Investors holding shares of the company as of the record date will be eligible to receive the bonus shares. The exact bonus ratio has not been specified in this filing. This is a corporate action where the company issues free additional shares to existing shareholders.
Eligible shareholders will receive additional free shares, which typically increases share liquidity and may lead to a proportional reduction in the stock price post-allotment. Investors should ensure they hold shares in their demat account before the record date to qualify.