Sandur Manganese to acquire full control of Arjas Steel for ₹3,000 crore

Sandur Manganese & Iron Ores Ltd announced the acquisition of an additional 20% stake in Arjas Steel Private Ltd, giving it 100% ownership. The enterprise value is approximately ₹3,000 crore, with completion expected by November 15, 2024.

“The acquisition, valued at an enterprise value of approximately ₹3,000 crore, is expected to be completed by November 15, 2024.”thehindubusinessline.com

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• thehindubusinessline.comSandur Manganese to acquire full control of Arjas Steel - The HinduBusinessLineAnupama GhoshNov 5, 2024

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