Bengaluru, Sept. 16 -- The shares of one of the leading steel mining stocks, specializing in the extraction and production of manganese ore and iron ore, jumped by upto 3 percent after the board set a record date for a bonus issue in the ratio of 2:1.

With a market capitalization of Rs. 7,776.06 crores on Tuesday, the shares of Sandur Manganese & Iron Ores Limited rose by 2.6 percent, making a high of Rs. 493.40 per share compared to its previous closing price of Rs. 480.80 per share.

What happened

The Record Date for determining eligible shareholders has been fixed as Monday, 22nd September 2025. Furthermore, in line with SEBI guidelines, the deemed date of allotment for the bonus shares is Tuesday, 23rd September 2025.

Financials &...