Sandhar Technologies Limited — Important, 02-07-2025: Sale or disposal

Sandhar Technologies Limited has announced a board meeting on the execution of a sale agreement with its wholly-owned subsidiary, Sandhar Engineering Private Limited, for the sale of the entire Plant and Machinery of its Haryana Unit-III. The transaction values the assets at INR 19.01 Cr, payable in cash, securities, or a combination, within six months. This division contributed approximately 4.78% to the company’s revenue in the last financial year. The sale is a related party transaction conducted at arm’s length.