Sandur Manganese Incorporates Royal Sandur Academy Subsidiary

Incorporation of a wholly owned subsidiary company

Royal Sandur Academy Private Limited has been incorporated as a wholly owned subsidiary
Date of incorporation: 14 August 2026
Country of incorporation: India
The subsidiary will operate in the academy business encompassing education, sports, infrastructure, training/coaching and connected businesses
Specific business activities include: establishment and management of coaching centres, sports academies, skill development and vocational training institutes, educational infrastructure, digital learning platforms, residential facilities and allied consultancy and support services
Approval received from Ministry of Corporate Affairs, Government of India via Certificate of Incorporation
Funding through subscription of equity shares in cash
Investment amount: ₹1,00,00,000 for 10,00,000 equity shares of ₹10 each
100% shareholding and control maintained by The Sandur Manganese & Iron Ores Limited

Cash outflow of ₹1 crore for equity subscription
No immediate revenue or EBITDA impact disclosed
No impact on leverage or capital structure disclosed
The investment represents strategic diversification into the education and training sector