Sandur Manganese filing repeats DIN for two board directors

The Sandur Manganese & Iron Ores Limited’s 3 November 2026 filing assigns DIN 08378473 both to incoming G. P. Kundargi and resigning independent director Dr. Latha Pillai, creating an unresolved inconsistency across board changes effective 12 November 2026 and 4 November 2026.

How does Sandur Manganese’s filing repeat the same DIN?

Sandur Manganese lists DIN 08378473 for G. P. Kundargi in its 3 November 2026 board-meeting outcome and uses the same DIN for Dr. Latha Pillai in the following resignation disclosure. The filing says G. P. Kundargi will become an additional non-executive director from 12 November 2026, while Dr. Latha Pillai’s independent-director resignation takes effect from 4 November 2026.

The repetition is also present in Dr. Latha Pillai’s resignation letter, attached as Annexure C and dated 3 November 2026. In that letter, she identifies herself as having DIN 08378473, tenders her resignation from the board and its committees, and requests to be relieved from her duties from 4 November 2026.

The document does not say either DIN entry is a typographical or publishing error, does not provide an alternative identifier, and does not reconcile the two references. On the supplied disclosure alone, the supported finding is that Sandur Manganese reported the same DIN against two differently named directors; it does not establish which entry, if either, is incorrect.

What board changes did Sandur Manganese announce?

Sandur Manganese announced G. P. Kundargi’s appointment as an additional director in the non-executive category from 12 November 2026. The appointment is liable to retirement by rotation, follows the Nomination and Remuneration Committee’s recommendation, and remains subject to shareholder approval through a postal ballot.

The 3 November 2026 disclosure also says G. P. Kundargi is not debarred from holding a directorship by an order of the Securities and Exchange Board of India (SEBI) or any other authority. Annexure A says his appointment was considered beneficial because of his mining and metals experience, including work in opencast and underground mining, mineral processing and beneficiation.

Sandur Manganese said Dr. Latha Pillai resigned because of personal commitments, effective 4 November 2026. Her resignation letter confirms that she had no other material reason for stepping down, while Annexure B says she held no directorships in listed entities at the time of the disclosure.

The dates mean Dr. Latha Pillai’s departure occurred eight days before G. P. Kundargi’s appointment. Sandur Manganese does not describe the 12 November 2026 appointment as a replacement for the departing independent director, and it identifies the two positions differently: non-executive director for G. P. Kundargi and independent director for Dr. Latha Pillai.

Which committees does Sandur Manganese’s resignation affect?

Sandur Manganese said Dr. Latha Pillai would cease to be chairperson of the Nomination and Remuneration Committee from 4 November 2026. She would also cease to be a member of the Audit Committee, Stakeholders Relationship Committee, Risk Management Committee and Corporate Sustainability Committee on that date.

The filing identifies the committee positions that end but does not name successors as of 3 November 2026. It also does not state that G. P. Kundargi, whose appointment begins on 12 November 2026, will join any of those committees or assume their chairmanship.

Annexure A records that G. P. Kundargi has previously served as chairman and managing director of MOIL Limited. It also says he serves on the boards of Nava Limited, Royal Sandur Metals Private Limited, Hira Electro Smelters Limited and Royal Sandur Hospitality Private Limited, and reports no relationship between him and Sandur Manganese’s other directors.

The disclosure therefore gives separate governance consequences for two dates, 4 November and 12 November 2026, without linking them. Any conclusion that the appointment fills a particular committee vacancy would go beyond the filing, because the board notice contains no such allocation.

What could resolve Sandur Manganese’s DIN discrepancy?

Sandur Manganese would need to issue a correction or clarification to establish whether the shared DIN 08378473 arose from an input, drafting or publication error. The 3 November 2026 letter refers to Annexure A for prescribed appointment and resignation details, but neither the letter nor Annexure A flags a duplicate identifier or gives a revised number.

The resignation letter adds significance to the inconsistency because it independently records Dr. Latha Pillai’s DIN as 08378473. The letter is addressed to the board, dated 3 November 2026, and covers resignation from both the independent-director role and all committees from 4 November 2026.

Conversely, the appointment section expressly identifies G. P. Kundargi as DIN 08378473 and says his role begins on 12 November 2026. Annexure A provides his academic credentials, a B.Sc. in Chemistry from Karnataka University and an M.Tech in Mineral Processing, but those biographical details do not resolve the conflicting identifier disclosure.

Readers can distinguish the confirmed board actions from the unresolved identification issue. The filing clearly states the names, roles, dates, stated resignation reason and postal-ballot condition, but it does not confirm that two directors share the listed identifier or state that either director has been misidentified.

What other matters were approved at Sandur Manganese’s meeting?

Sandur Manganese’s 388th board meeting on 3 November 2026 also approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. Consolidated revenue from operations rose to Rs 1,506.13 crore from Rs 1,232.34 crore in the corresponding quarter ended 30 September 2025, while net profit after tax and share of loss of associate rose to Rs 261.25 crore from Rs 138.87 crore.

The filing reports consolidated September-quarter revenue of Rs 948.40 crore from steel and Rs 476.20 crore from mining. Segment results were Rs 103.74 crore for steel and Rs 246.68 crore for mining, while these operating disclosures and the auditor’s review do not address the repeated DIN.

The board also approved an investment of up to Rs 200 crore in Royal Sandur MedTech Private Limited through equity-share subscriptions in one or more tranches. Sandur Manganese said it incorporated Royal Sandur MedTech Private Limited during the quarter ended 30 September 2026 and paid subscription money of Rs 1 crore after the quarter end.

A separate forest-lease matter records a 4 June 2026 revised demand for compensatory afforestation charges of Rs 139.05 crore and 714.9 hectares of land for extension of forest-lease validity beyond December 2026. By 30 September 2026, Sandur Manganese had registered 281.53 hectares, followed by 51.58 hectares after the quarter end; the issue is distinct from the director disclosure.

Conclusion

Sandur Manganese’s filing records two confirmed governance events with different roles and effective dates, but assigns both people DIN 08378473. The duplication appears in the board-meeting disclosure and in Dr. Latha Pillai’s 3 November 2026 resignation letter, while the announcement provides no explanation, correction or alternative identifier.

The next item to watch is a stock-exchange clarification or amended disclosure before the postal ballot for G. P. Kundargi’s appointment. Sandur Manganese also has not named replacements for the five committee positions affected by Dr. Latha Pillai’s 4 November 2026 departure.