General Updates

(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 / 25 15 July 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 Scrip Code: 504918 Symbol: SANDUMA Symbol: SANDUMA Dear Sir/Madam, Sub: Communication to shareholders regarding Deduction of Tax on Dividend, Update of Bank Account and Other Details Pursuant to the provisions of the Income-tax Act, 2025, dividend income is taxable in the hands of the shareholders. In this regard, please find enclosed herewith an e-mail communication dated today, i.e., 15 July 2026 sent to all the shareholders of the Company whose e-mail IDs are registered with the Company/ Registrar to an Issue and Share Transfer Agent/ Depositories, explaining the applicability of tax deduction and process to be followed by the eligible shareholders to ensure appropriate deduction of tax on dividend, if declared at the 72nd Annual General Meeting of the Company and payable during the financial year 2026-27. The communication also contains information relating to updation of Bank Account and other details. Stock Exchanges are requested to take the same on record. Thank you For The Sandur Manganese & Iron Ores Limited Neha Thomas Company Secretary & Compliance Officer ICSI Membership No. A60853 Encl: A/a 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 (An ISO 9001:2015; ISO 14001:2015 and 45001:2018 certified company) CIN: L85110KA1954PLC000759 Registered Office: ‘SATYALAYA’, Door No. 266 (Old No.80), Ward No.1, Behind Taluk Office, Sandur - 583 119, Ballari District, Karnataka Tel: +91 8395260300 Website: www.sandurgroup.com Email: secretarial@sandurgroup.com 15 July 2026 Dear Shareholder, Subject: Communication for Deduction of Tax on Dividend, Update of Bank Account and other Details This is to inform you that the Board of Directors of The Sandur Manganese & Iron Ores Limited (the Company) at its meeting held on 7 May 2026, recommended Final Dividend of ₹0.50/- per Equity Share having face value of ₹10/- each (5%) for the financial year ended 31 March 2026. The Final Dividend will be paid subject to the approval of shareholders at the ensuing 72nd Annual General Meeting (AGM) of the Company scheduled to be held on Wednesday, 19 August 2026. As you may be aware, in terms of the provisions of the Income-tax Act, 2025 (Act), dividends paid or distributed by a company shall be taxable in the hands of the shareholders. The Company shall therefore be required to deduct tax at source at the time of payment of dividend to the shareholders at the applicable rates if declared at the aforesaid AGM. Securities and Exchange Board of India (SEBI) has mandated that with effect from 1 April 2024, dividend to shareholders holding shares in physical form shall be paid only through electronic mode. Such payment shall be made only if the folio is KYC compliant i.e., the details of PAN, choice of nomination, contact details, mobile no., complete bank details and specimen signatures are registered. In case of non-updation of PAN or choice of nomination or contact details or mobile number or bank account details or specimen signature in respect of physical folios, dividend/interest etc. shall be paid upon furnishing all the aforesaid details in entirety. This communication provides a brief of the applicable Tax Deduction at Source (TDS) provisions under the Act for Resident and Non-Resident shareholder categories. Tax is required to be deducted at source under Section 393 of the Act, at the rate of 10% on the amount of dividend where shareholders have registered their valid Permanent Account Number (PAN). In case, shareholders do not have PAN/ invalid PAN/ PAN not linked with Aadhar/ not registered their valid PAN details in their account, TDS at the rate of 20% shall be deducted under Section 397 of the Act or as per the applicable law. To summarise, dividend will be paid after deducting the tax at source as under: For Resident Shareholders: Particulars Applicable Rate Applicability and documents required With PAN 10% • No tax shall be deducted on the dividend payable to resident individuals if: (i) Total dividend amount to be received by them during the tax year 2026-27 does not exceed Rs.10,000/- or (ii) The shareholder provides Form 121 - Part A (applicable to Individuals below and above the age of 60 years), provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and Company may at its sole discretion reject the form, if the prescribed requirements under the Act are not fulfilled. The template of Form 121 - Part A is attached as Annexure 1. (iii) Exemption certificate is issued by the Income tax department, if any. • In case, shareholders provide certificate under section 395(1) of the Act, for lower/NIL withholding of taxes, rate specified in the said certificate shall be considered, on submission of self-attested copy to the Company. • Depositories have enabled mechanism for electronic submission and simplified the process for submitting Form 121 - Part A for resident shareholders holding shares in dematerialized form. The form can be submitted through your Depository i.e. Central Depository Services (India) Limited (CDSL) or National Securities Depositories Limited (NSDL) for all demat holdings linked to your PAN. In such cases, there is no requirement to submit the form separately to the Company or Registrar to an Issue and Share Transfer Agent (RTA). Without PAN/ Invalid 20% N.A. PAN/ PAN not linked with Aadhar Submitting Form 121 Nil Particulars CDSL NSDL Submission CDSL Electronic SPEED-e Mobile App or platform submission platform IDeAS Web link to https://www.cdslindia.co 1. Visit the NSDL portal and access m/Form121 register for NSDL e- Services (IDeAS), if not already registered. https://eservices.nsdl.com/ HomeLogin. 2. Upon successful registration, log in as a SPEED-e Users. 3. From the left-hand menu, select “Form 121-Part A submission”, enter the required details, and submit the form. Submitting Order Rate provided in Lower/ NIL withholding tax certificate obtained from tax authority. Tax will be under Section 395 of the the Order deducted at the rate specified in the said certificate, subject to furnishing a self- Act attested copy of the same. The certificate should be valid for the financial year 2026-27 and should cover the dividend income. Insurance Company Nil Self-declaration that it has full beneficial interest with respect to the shares owned by it along with self-attested copy of PAN card and copy of registration certification issued by the IRDAI. Mutual Funds Nil Self-declaration that it is registered with SEBI and is qualifying for exemption under Schedule VII [Table: Sl. No. 20 or 21] to section 11 of the Act, along with self-attested copy of PAN card and certificate of registration with SEBI. Alternative Investment Nil Self-declaration that its income is exempt under Schedule V [Table: Sl. No. 1] Fund (AIF) established to section 11 of the Act, and they are registered with SEBI as Category I or in India Category II AIF along with self-attested copy of the PAN card and certificate of AIF registration with SEBI. New Pension System Nil Self-declaration that it qualifies as NPS trust and income is eligible for (NPS) Trust exemption under Schedule VII [Showing first 8,000 characters — download PDF for full document]