Sandur Manganese & Iron Ores Limited has informed the Exchange about clarification regarding outcome of Board meeting dated 24 March 2025
SANDUMA · price
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Awaiting price reaction for this filing.
Sandur Manganese & Iron Ores Limited has clarified to the stock exchanges that Anand Sen (DIN: 00237914), who was redesignated from Independent Director to Non-Executive Director effective 25 March 2025, is not debarred from holding the position of a Director by any SEBI order or any other authority. This clarification follows an email from NSE on 24 July 2025 seeking affirmation on the redesignation. The original board decision was communicated on 24 March 2025.
This is a routine regulatory clarification and is unlikely to materially affect the stock price. However, the change from Independent Director to Non-Executive Director reduces the number of Independent Directors on the board, which shareholders and governance analysts may monitor.