Shareholders meeting

(An ISO 9001:2015; ISO 14001:2015 and ISO 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: 08395 260300 Tel: 080 4152 0176 - 79 / 4547 3000 SMIORE / SEC / 2026-27 / 42 19 August 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: Proceedings of 72nd Annual General Meeting held on 19 August 2026 Pursuant to the provisions of Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed herewith proceedings of 72nd Annual General Meeting of the Company held on Wednesday, 19 August 2026 through Video Conferencing/ Other Audio-Visual Means which commenced at 11:00 A.M. (IST) and concluded at 12:25 P.M. (IST). The Company also facilitated the live webcast of the proceedings of the AGM. 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 Encl: A/a MINES OFFICE: Deogiri - 583112, Sandur Taluk, Ballari District; Tel: 08395 271028 PLANT OFFICE: Metal & Ferroalloy Plant, Vyasankere, Mariyammanahalli – 583 222, Hosapete Taluk, Vijayanagara District; Tel: 08394 294802 / 805 Page 1 of 5 The Sandur Manganese & Iron Ores Limited SUMMARY OF PROCEEDINGS OF 72ND ANNUAL GENERAL MEETING (AGM) OF THE COMPANY HELD THROUGH VIDEO CONFERENCING/ OTHER AUDIO-VISUAL MEANS ON WEDNESDAY, 19 AUGUST 2026 AT 11:00 A.M. (IST) Meeting Day, Date and Time: Wednesday, 19 August 2026 at 11:00 A.M. (IST). The meeting concluded at 12:25 P.M. (IST) with the facility of e-voting remaining open for a further 30 minutes. Mode: The meeting was held through Video Conferencing/Other Audio-Visual Means (VC/OAVM) in accordance with the circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 (Act) read with Rules made thereunder, Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) “SEBI (LODR)” Regulations, 2015 and SS-2. Deemed Venue: The deemed venue of AGM was the Registered Office of the Company situated at ‘Satyalaya’, Door No.266 (Old No.80), Behind Taluka Office, Ward No.1, Palace Road, Sandur - 583 119, Ballari District, Karnataka. ATTENDANCE Chairman: T. R. Raghunandan, Chairman of the Board (Independent Director), joined and chaired the meeting from the Corporate Office of the Company at Bengaluru through VC/OAVM. Chairman Emeritus & Directors: Sl. Name Designation Attended through No. VC/OAVM from 1 S. Y. Ghorpade Chairman Emeritus Hosapete 2 Bahirji Ajai Ghorpade Managing Director Corporate Office - Bengaluru 3 G. P. Kundargi Independent Director, Nagpur Chairman of Audit Committee 4 Dr. Latha Pillai Independent Director, San Francisco Chairperson of Nomination & Remuneration Committee 5 H. L. Shah Independent Director, Mumbai Chairman of Corporate Social Responsibility Committee 6 Pankajam Sridevi Independent Director, London Chairperson of Stakeholders Relationship Committee 7 Mohammed Abdul Saleem Non-Executive Director Bengaluru 8 Anand Sen Non-Executive Director, San Francisco Chairman of Risk Management Committee Page 2 of 5 The Sandur Manganese & Iron Ores Limited Other Key Managerial Personnel (KMP): Sl. Name Designation Attended through No. VC/OAVM from 1 Manoj Kumar Jha Chief Financial Officer & Corporate Office - Chief Risk Officer Bengaluru 2 Neha Thomas Company Secretary & Corporate Office - Compliance Officer Bengaluru Auditors and Scrutinizer: Sl. Name Designation Attended through No. VC/OAVM from 1 Monisha Parikh Representatives of Deloitte Bengaluru Haskins & Sells, Chartered 2 Meena S. Bengaluru Accountants, Statutory Auditor 3 N. D. Satish Secretarial Auditor Bengaluru 4 T. Sathya Prasad Yadav Scrutinizer Bengaluru Members present: 66 Members attended the meeting through VC/OAVM in person/through authorized representatives, including 3 Director shareholders and 1 KMP. In terms of circulars issued by MCA, the requirement of appointing proxies was not applicable. Quorum: The requisite quorum as required under Section 103 of the Act was present throughout the meeting. Neha Thomas, Company Secretary & Compliance Officer, made certain important procedural announcements at the commencement of the meeting regarding the participation and voting at AGM and requested T. R. Raghunandan, Chairman of the Company to take charge of the proceedings and conduct the meeting. The Chairman welcomed the Members and other attendees to the meeting. The Chairman informed that the meeting is being convened through VC/OAVM, in accordance with the applicable provisions of the Act, SEBI (LODR) Regulations, 2015, SS-2 and circulars issued by the MCA and SEBI, using NSDL’s platform and that the same was webcasted live on the NSDL website. He further mentioned about availability of Statutory Registers and documents referred to in the AGM Notice for inspection, as per requests, if any, made by the Members. The requisite quorum being present, the Chairman called the meeting to order. He, thereafter, called upon Chairman Emeritus and the Directors on the Board of the Company to introduce themselves for the benefit of the Members. The Chairman announced the presence of Chief Financial Officer & Chief Risk Officer, Company Secretary & Compliance Officer, representatives of Statutory Auditor, Secretarial Auditor and T. Sathya Prasad, Scrutinizer at the meeting. Further, he informed that as the Notice convening the meeting was already circulated to the Members, it was taken as read. Page 3 of 5 The Sandur Manganese & Iron Ores Limited The Chairman addressed the Members covering various aspects. The highlights of the Chairman’s address were as under: 1. FY26 marked the first full year in which the Company operated at the enhanced Maximum Permissible Annual Production (MPAP) limits of 0.599 Million Tonnes Per Annum (MTPA) for manganese ore and 4.45 MTPA for iron ore. 2. The Company achieved its highest-ever production and sales in both manganese ore and iron ore during the year, reaffirming its position as the second largest manganese ore miner in India and the third largest iron ore miner in Karnataka. 3. On a standalone basis, the Company reported a total income of ₹2,076 crore, with Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) rising to ₹904 crore after one- time exceptional cost, up 24% year-on-year (YOY), and Profit After Tax (PAT) of ₹543 crore, up 22%, even as ore realisations remained soft through the year. 4. The Company’s consolidated total income, which for the first time reflects a full financial year of Arjas Steel’s contribution, rose to ₹5,163 crore up by 61% YOY, EBITDA grew to ₹1,252 crore after one-time exceptional cost, up 45%, and PAT reached ₹658 crore, up 40%. 5. The borrowings raised in the previous year to finance the acquisition of Arjas Steel were substantially repaid during the year, funded through internal accruals. The Company became Standalone Net Debt Free as of 31 March 2026, following the early redemption of ₹423 crore of Non-Convertible Debentures, well ahead of their scheduled maturity. 6. CRISIL reaffirmed the Company’s long-term rating at ‘CRISIL A+’ and revised its outlook to ‘Positive’, while ICRA reaffirmed the ratings assigned to the Company’s bank facilities. 7. During FY26, the Company issued Bonus Shares in the ratio of 2:1 and increased its Authorised [Showing first 8,000 characters — download PDF for full document]