Endurance Technologies Limited — JV/Acquisition, 16-05-2025: Acquisition

Endurance Technologies has fully acquired Maxwell Energy Systems by purchasing the remaining 38.5% stake for Rs. 7.5 Cr, turning Maxwell into a wholly-owned subsidiary. This strengthens Endurance’s position in energy solutions, expanding its product range and tech capabilities in electric and hybrid vehicle components. Full ownership is set to streamline operations and bolster Endurance’s push into new energy segments, supporting long-term growth and innovation in the evolving automotive space.