21-Aug-2026      17:38

Sandur Manganese forms Royal Sandur Hospitality, a wholly-owned subsidiary focused on hospitality

The Sandur Manganese & Iron Ores Limited announced the incorporation of Royal Sandur Hospitality Private Limited as a wholly owned subsidiary on August 21, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited. Royal Sandur Hospitality Private Limited, incorporated in India, will focus on hospitality including the development, ownership, operation, and management of hotels, resorts, and restaurants, and is capitalized with Rs 10,00,000 through the subscription of 10,000 equity shares at Rs 10 each, resulting in The Sandur Manganese & Iron Ores Limited holding 100% shareholding.

News source: Capital Market - Live News