Sandhar Technologies Limited — Important, 27-03-2025: Sale or disposal

Sandhar Technologies Limited has executed a Share Purchase Agreement with Jinyoung Electro-Mechanics Co. Ltd. to sell its entire stake in the joint venture, Jinyoung Sandhar Mechatronics Private Limited. The agreement, with a consideration of ₹6.68 crore, is expected to close by March 31, 2025. This strategic exit aims to streamline operations and focus on core competencies, enhancing operational efficiency and long-term growth potential. Investors may view this as a positive move, signaling the company’s intention to optimize resources and drive sustainability in its primary business areas.