NSEAction(s) taken or orders passed9 Sept 2026 · 9 Sept 2026, 05:24 pm
Action(s) taken or orders passed
Sandur Manganese & Iron Ores Limited · SANDUMA
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Sandur Manganese & Iron Ores Limited has informed the Exchange about receipt of penalty order by Royal Sandur Metals Private Limited, a material subsidiary, under Section 114 of the Customs Act, 1962, for non-payment of export duty by Sundaram Fasteners Limited (SEZ unit) on export goods procured from Royal Sandur Metals Private Limited during the period from 22 May 2022 to 18 November 2022.
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Sandur Manganese & Iron Ores Limited has informed the Exchange about receipt of penalty order by Royal Sandur Metals Private Limited (formerly Arjas Steel Private Limited), Material Subsidiary of the Company
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(An ISO 9001:2015; ISO 14001:2015 and 45001:2018 certified company) CIN:
L85110KA1954PLC000759; Website: www.sandurgroup.com
Email ID: secretarial@sandurgroup.com
REGISTERED OFFICE CORPORATE OFFICE
‘SATYALAYA’, No.266 ‘SANDUR HOUSE’, No.9
Ward No.1, Palace Road Bellary Road, Sadashivanagar
Sandur – 583 119, Ballari District Bengaluru – 560 080
Karnataka, India Karnataka, India
Tel: +91 8395260300 Tel: +91 80 4152 0176 - 79 / 4547 3000
SMIORE / SEC / 2026-27 / 46 9 September 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street Bandra-Kurla Complex
Mumbai - 400 001 Mumbai - 400 051
S crip Code: 504918 Symbol: SANDUMA
Symbol: SANDUMA
Dear Sir/ Madam,
Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) “SEBI (LODR)” Regulations, 2015
Pursuant to the provisions of Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015,
this is to inform Stock Exchanges that Royal Sandur Metals Private Limited (formerly Arjas Steel
Private Limited), Material Subsidiary of the Company, has received a penalty order under Section 114
of the Customs Act, 1962 on 8 September 2026.
The requisite details as per sub-para 20 of Para of Part A of Schedule III of SEBI (LODR) Regulations,
2015, are as follows:
Name of the Authority Office of the Principal Commissioner of
Customs, Chennai-III
Nature and details of the action(s) taken or Imposition of penalty amounting to ₹12 lakh
order(s) passed under Section 114 of the Customs Act, 1962.
Date of receipt of direction or order, including 8 September 2026
any ad-interim or interim orders, or any other
communication from the authority
Details of the violation(s)/ contravention(s) Non-payment of export duty by Sundaram
committed or alleged to be committed Fasteners Limited (SEZ unit) on export goods
procured from Royal Sandur Metals Private
Limited (formerly Arjas Steel Private Limited)
located in the Domestic Tariff Area (DTA),
during the period from 22 May 2022 to
18 November 2022 [prior to acquisition of Royal
Sandur Metals Private Limited (formerly Arjas
Steel Private Limited) by the Company].
MINES OFFICE: Deogiri - 583112, Sandur Taluk, Ballari District; Tel: +91 8395 271028
PLANT OFFICE: Metal & Ferroalloy Plant, Vyasankere, Mariyammanahalli – 583 222, Hosapete Taluk, Vijayanagara District;
Tel: +91 8394 294802 / 805
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The Sandur Manganese & Iron Ores Limited
The penalty has been imposed primarily on the
ground that the export duty leviable on the goods
supplied as DTA to the SEZ unit was not paid by
the SEZ unit.
Impact on financial, operation or other activities There is no material impact on financial or
of the listed entity, quantifiable in monetary operational or other activities of the Company.
terms to the extent possible
Royal Sandur Metals Private Limited (formerly
Arjas Steel Private Limited) is reviewing the
order and assessing further legal recourse in this
regard.
Stock Exchanges are requested to kindly take the same on record.
Thank you
for The Sandur Manganese & Iron Ores Limited
Neha Thomas
Company Secretary & Compliance Officer
ICSI Membership No.: A60853
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