Endurance Technologies Limited — JV/Acquisition, 31-07-2025: Amalgamation/Merger

Endurance Technologies' wholly-owned Italian step-down subsidiaries, Endurance Engineering S.r.l. and Endurance S.p.A., will merge into Endurance Castings S.p.A. This strategic consolidation aims to achieve business synergy, economies of scale, and optimize operational and administrative costs. As an internal restructuring, there is no cash consideration or share exchange involved. Importantly, this merger will have no impact on Endurance Technologies Limited's shareholding pattern or financials. The combined entities reported a turnover of around ₹2353 crore and profit after tax of ₹152.7 crore for FY25. The merger is subject to necessary approvals, with an appointed date of April 1, 2025.