Sandur Manganese independent director resigns, citing personal commitments
Sandur Manganese & Iron Ores said in an NSE filing that an independent director has resigned from 4 November 2026, giving personal commitments as the reason, and leaves five board committees.
Key points
- Sandur Manganese & Iron Ores said in a filing with the NSE that an independent director has resigned from its board.
- The resignation takes effect on 4 November 2026, and the company gave personal commitments as the reason.
- The director also leaves the chair of the Nomination and Remuneration Committee and four other committee memberships, the filing says.
The Sandur Manganese & Iron Ores Limited said in a filing with the National Stock Exchange that one of its independent directors has resigned, with effect from 4 November 2026. The company said the director gave "personal commitments" as the reason in a letter dated 3 November 2026.
What Happened
According to the company's filing, the independent director conveyed the decision to resign in a letter dated 3 November 2026. The company gave the reason as "due to personal commitments", and the resignation takes effect on 4 November 2026.
The filing says that, as a result, the director also ceases to be Chairperson of the Nomination and Remuneration Committee. The director also leaves the Audit Committee, the Stakeholders Relationship Committee, the Risk Management Committee and the Corporate Sustainability Committee, where she was a member.
The company said the director has confirmed that there are no material reasons for the resignation other than those given in her resignation letter. The filing states that the letter, with the detailed reasons, is enclosed as an annexure. It also says the director holds no directorships in any other listed company.
The Board of Directors and management placed on record their appreciation of the director's contributions during her association with the company over the years.
The filing was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, which require a listed company to tell the exchanges promptly about the resignation of an independent director, along with the reasons.
What It Means
This is a change in the company's board and in the leadership of several of its committees, as the company disclosed it. The filing is not a finding of any wrongdoing or of any problem at the company, and it gives personal commitments as the only reason.
The text of the filing available to us does not say who will take over the committee roles or whether a replacement director has been identified. Readers who want the full disclosure, including the resignation letter, can find it among the company's announcements on the National Stock Exchange website. Complaints about a listed company can be raised with SEBI at https://scores.sebi.gov.in.
Oquilia Data: Sandur Manganese & Iron Ores Ltd. (NSE: SANDUMA)
| Close, 3 Nov 2026 | Rs 164.20 (−2.76% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | −7.58% / −22.57% / −22.04% / −32.37% / −27.21% |
| Against Nifty 50, 1M / 3M / YTD | −13.78 / −18.68 / −23.50 points |
| 52-week closing high / low | Rs 264.71 (2 Jan 2026) / Rs 156.58 (23 Oct 2026) |
| Turnover, 20-session average | Rs 7.33 cr; 42.6% delivered; latest volume 1.0x |
| Insider trades, 90 days | none by promoters, directors or KMP |
Closes adjusted for splits and bonuses; returns exclude dividends; insider figures from BSE filings. Facts from NSE's files, not investment advice.
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India