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Sandur Manganese shares gain after adjusting for 2:1 bonus issue todayThis is the second bonus issue announced by Sandur Manganese in two years. Previously, it had issued five bonus shares for every one share held by shareholders (5:1).By Hormaz Fatakia   September 22, 2025, 10:05:24 AM IST (Updated)2 Min ReadShares of Sandur Manganese & Iron Ores Ltd. gained up to 3% on Monday, September 22, as the stock started to trade adjusted for its bonus issue of shares.

Earlier this year, the company had announced a bonus issue of shares in the ratio of 2:1, which means that shareholders will be entitled to receive two bonus shares for every one share held by them as on the record date.

Today is the record date for the bonus issue of shares. This means, that those who buy shares of the company today, will not be eligible for the bonus issue.

Here's how the bonus issue will work for shareholders:

For example, if you have 100 shares of Sandur Manganese at the end of Friday's trading session, you will be entitled to receive another 200 shares of the company (2 for 1 ratio), thereby taking your total number of shares held to 300.

The share price will also adjust in equal proportion, meaning that although the number of shares you hold increase, their value will remain the same.

This is the second bonus issue announced by Sandur Manganese in two years. Previously, it had issued five bonus shares for every one share held by shareholders (5:1).

Shares of Sandur Manganese are trading 2.2% higher at ₹162.9. The stock had ended Friday's trading session 1.1% higher at ₹477.6. The stock has gained 6.3% so far in the last one month, thereby taking its year-to-date gains to 14%.Continue ReadingFirst Published: Sept 22, 2025 6:50 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBonus IssueBonus sharesshare market today