ALPHA TRIBE

Sandhar Technologies LimitedOthers, 07-08-2025: Appointment

07-08-2025 | 05:08 pm

Sandhar Technologies has announced a board meeting where it approved the financial results for the quarter. Consolidated revenue reached ₹1,090.09 Cr with a net profit of ₹28.01 Cr. The board also approved raising up to ₹500 Cr capital and increasing borrowing limits to ₹1,200 Cr, pending shareholder approval. In a strategic move, the company will sell its TN Unit-I and HR Unit-V Aluminium Die Casting businesses to its wholly-owned subsidiary, Sandhar Ascast, for consolidation and efficiency. Jayant Davar's re-appointment as Executive Chairman & CEO, alongside other key management appointments, fortifies leadership.

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