RoyalSandurforaysintoMedicalDevicesandConsumables;RoyalSandur

MedTechleaseslandatAndhraPradeshMedTechZone,Visakhapatnam

The SandurManganese & IronOres Limited (‘SMIORE’ or ‘the Company’), the flagship companyof the Royal Sandur Group,has taken a decisive step towardsits forayinto the Medical Devices and Consumables business. Royal SandurMedTech Private Limited, awholly owned subsidiary of the Company,has taken land on a long-term lease at the Andhra Pradesh MedTech Zone (‘AMTZ’), Visakhapatnam,India’spremiermedicaltechnologyparkwithcommonmanufacturingfacilitiesand scientific facilities.

Theleasedeedwas executedon 19October 2026between Royal Sandur MedTechPrivateLimited and Andhra PradeshMedTech ZoneLimited, theGovernment ofAndhraPradeshundertaking that owns and operates AMTZ, for setting up a manufacturing unit atAMTZ. Royal Sandur MedTech Private Limited has also taken office space at World Trade Center AMTZ to support project development. Key terms of the land lease are as follows:

Developedlandmeasuring6.2 acres(about25,090square metres),withroad,power,water and effluent infrastructure provided by AMTZ

Leasetenure of33 yearsfrom thedateof execution, withan exclusiveright toconvertthe leaseholdrights intofreeholdownershipafter 10 yearsfromthedateofcommissioningof business

This marks a concrete move by SMIORE towards new frontiers, as partof itscomprehensive diversificationstrategy.Furtherdetailsonthe capitalexpenditureplansandprojecttimelineswill be announced in due course.

Commentingonthedevelopment,BahirjiA.Ghorpade,ManagingDirector,SMIORE,said:

“Our diversification strategy is about building new engines of growth alongside our core mining and metals businesses. Medical Devices and Consumables sector offers considerable opportunities for domestic manufacturing to grow, and the Andhra Pradesh MedTech Zone, with its common manufacturing and scientific facilities, gives a new entrant the right platformtobuildcapabilities in a focused and capital-efficient manner. Securing this land is the first concrete step in this journey, andwe intend to pursue it with the same discipline that has defined our enterprise over seven decades.”

Welcoming Royal SandurMedTechto theecosystem,Dr. JitendraSharma, ManagingDirector & Founder CEO, Andhra Pradesh MedTech Zone (AMTZ), said:

“We were pleased to welcome Royal Sandur MedTech to the AMTZ ecosystem. Their investment reflected the growing confidence of Indian industry in the nation’s medical technology manufacturing capabilities and reinforced AMTZ’s role as a catalyst for innovation, indigenous manufacturing, and globalcompetitiveness. Such collaborations continue toaccelerateIndia’s journey towards becoming a global hub for medical technology manufacturing and healthcare innovation.”

AboutTheSandurManganese &IronOresLimited

The Sandur Manganese& Iron Ores Limited(“SMIORE”) isoneofIndia’smost respected private sector merchantminers and commodity producerswithan operational track record spanning over seven decades. At present, the Company’s operations span over three business segments i.e., Mining(Manganese & Iron Ores), Ferroalloys, and Coke and Energy. Further, the Companyhas presence in specialty steel sector through its material subsidiaryRoyal Sandur Metals Private Limited, which is the leading independent SBQ players in the country. Together, these assets work in conjunction with eachother to leverage the benefits of being anintegrated Company.

AboutRoyalSandurGroup

AsSMIORE’s operationshavegrown acrossmining,ferroalloys, cokeandenergy, andsteel,the Companyhasadopted a unified Groupbrand name, ‘RoyalSandurGroup’, andits logo, to supportits long-termstrategic visionandenableit to explorediversebusinessopportunities.Thename carriesforward theCompany’s royal heritage and its enduring bond with Sandur, built over seven decades of enterprise. Under thisunified banner, each business entityretains its own focus while contributing to one corporate identity, presenting the organisation to customers, investors and communities as a single,integratedgroup.