Sandur Manganese gains ~2% on bagging National Safety Award (Mines)

9 Mar 2022 , 10:02 AM

Sandur Manganese & Iron Ore Limited informed the Stock Exchange that the Ministry of Labour & Employment, Government of India has awarded Vishwakarma Rashtriya Puraskar, National Safety Award (Mines) to the Company’s Deogiri Manganese & Iron Ore Mine for the year 2017.

The award was presented by Hon’ble Minister Bhupender Yadav, Ministry of Labour & Employment, Government of India on March 8, 2022 at Vigyan Bhawan in New Delhi and the same has been received on behalf of the Company by Bahirji A. Ghorpade, Managing Director along with Dodda Obanna, the senior-most Headman from the Mines.

The Safety Award presented to the Company now as a “Winner” in the “Lowest Injury Frequency Rate” is after a period of 26 years. It is pertinent to note that the Company had received the National Safety Awards (Mines) six times on earlier occasions.

The National Safety Award (Mines) was instituted in 1983 by the Ministry of Labour & Employment, Government of India, to promote a competitive spirit amongst mine operators for better safety standards in mines and to give due recognition to outstanding safety performance at the national level.

Sandur Manganese & Iron Ores Ltd is currently trading at Rs3,275.55 up by Rs69.45 or 2.17% from its previous closing of Rs3,206.10 on the BSE. The scrip opened at Rs3,250 and has touched an intraday high and low of Rs3,290 and Rs3,219.55 respectively.