Sandur Manganese Incorporates Royal Sandur MedTech As Wholly Owned Subsidiary
Mumbai: Sandur Manganese & Iron Ores Limited (SMIORE) announced on 26 September 2026 that it has incorporated a new wholly owned subsidiary, Royal Sandur MedTech Private Limited. Business Focus Royal Sandur MedTech Private Limited is incorporated to manufacture medical devices and consumables. Its business will include the processing, assembling, marketing, and distribution of medical devices,…
On September 26, 2026, Sandur Manganese & Iron Ores Limited announced the incorporation of a new wholly-owned subsidiary, Royal Sandur MedTech Private Limited. The subsidiary is focused on producing medical devices and consumables, including processing, assembling, marketing, and distribution of various medical products.
The Ministry of Corporate Affairs issued the Certificate of Incorporation on September 25, 2026, confirming the new subsidiary's existence in India. Sandur Manganese & Iron Ores Limited maintains full control over the subsidiary, owning 100% of its share capital. This investment translates to the purchase of 10,00,000 equity shares at ₹10 apiece, resulting in a total investment of ₹1,00,00,000.
Investors should note that this story is based on company exchange filings and serves an informational purpose only. It is essential for investors to assess the risks involved before making any decisions.
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