Sandhar Technologies Limited — Board Meeting, 17-03-2025: Outcome of Board Meeting

The Board has approved significant strategic moves, including the acquisition of High Pressure and Low Pressure Aluminium Die Casting Businesses from Sundaram-Clayton Limited, alongside slump sales of two Zinc Die Casting units to its wholly-owned subsidiary, Sandhar Ascast Private Limited. The zinc die casting business units generated revenues of ₹77.44 Cr and ₹80.54 Cr for FY 2023-2024, contributing 0.20% and 0.22% to the company's total. Additionally, the Board sanctioned the sale of its 50% stake in Jinyoung Sandhar Mechatronics Private Limited, directing management to pursue potential buyers. All transactions are positioned for completion by September 30, 2025.