Sarda Energy & Minerals Limited has informed the Exchange about General Updates

Business Updates View source PDF Explain this filing

SARDAEN · price

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

+2.8%Reaction day

₹576.10

prior close

₹593.00

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%+2.0% vs market

Iron & Steel peers, median of 9sector+0.8%+2.0% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Smallcap 250 and 2.0 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.8+0.8+2.0+0.8+2.0

Next day

+4.0+1.1+2.9+1.1+2.9

+3.5+1.2+2.4+0.4+3.2

+3.7+1.0+2.7-1.0+4.7

+3.1+1.1+2.0-0.1+3.2

+2.8-0.8+3.6-2.8+5.6

+3.6-2.2+5.8-4.2+7.8

15d

+1.0+1.3-0.3+3.7-2.8

-0.2+3.7-3.9+4.9-5.1

-8.5+1.7-10.2+5.9-14.4

-12.5+0.4-12.9+7.8-20.3

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

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

AI summary

Sarda Energy & Minerals has been declared the Successful Bidder for the Senduri Coal Mine located in Shahdol and Umaria districts of Madhya Pradesh. The win comes with a 9.50% revenue-sharing arrangement with the State Government. The mine holds total geological reserves of 248.54 million tonnes of G9 (Provisional) grade coal. Necessary agreements will be executed in due course. This marks a significant addition to the company's coal resource base, supporting its energy and minerals business.

Likely market impact

This is a positive development for shareholders as it secures a large coal reserve (248.54 MnT) for the company, which can strengthen its long-term raw material security and support future capacity expansion. Investors should watch for execution timelines and capital deployment details as agreements are finalized.