Sandhar Technologies Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 02:10 pm
07-08-2025 | 02:10 pm
Sandhar Technologies' board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations was ₹1090.09 Cr, with net profit after tax at ₹28.01 Cr.
The board also approved a final dividend of ₹3.50 per share for FY24-25, pending shareholder approval at the upcoming AGM.
Strategically, the company will sell its TN Unit-I and HR Unit-V (Aluminium Die Casting businesses) to its wholly-owned subsidiary, Sandhar Ascast, aiming to consolidate operations.
To fuel growth, Sandhar plans to raise up to ₹500 Cr and increased its borrowing limit to ₹1200 Cr. Jayant Davar was re-appointed as Executive Chairman & CEO (effective Jan 1, 2026), and new Key Managerial Personnel were designated.
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