Sandhar Technologies Limited — Important, 19-06-2025: Diversification/Disinvestment

Sandhar Technologies has announced a board meeting on the financial results for the quarter and half-year. The company has executed a Share Purchase Agreement to sell its entire stake in joint ventures Kwangsung Sandhar Technologies Pvt Ltd (KSTPL) and Kwangsung Sandhar Automotive Systems Pvt Ltd (KSASPL) to Kwangsung Corporation Ltd for INR 10.08 Cr and INR 0.99 Cr, respectively. This strategic exit aims to streamline operations and focus on core areas where Sandhar holds a competitive edge, enhancing operational efficiency and supporting long-term growth. These JV revenues were not consolidated in Sandhar’s financials.