Date: 10th October 2026
Strategic Actions / Expansion
Sarda Metals & Alloys Limited, a wholly-owned subsidiary of Sarda Energy & Minerals Ltd, has been declared as the preferred bidder for the Avagudem Expired Manganese Mining Lease Block.
The mining block is located in Vizianagaram District, Andhra Pradesh.
The mine has estimated total geological reserves of 0.70 million tons of Manganese Ore.
Other Operational / Strategic Disclosures
This communication serves as a regulatory disclosure to both BSE Limited and the National Stock Exchange of India Ltd regarding this material development.