Sandhar Technologies Limited — Others, 07-08-2025: Appointment
07-08-2025 | 05:00 pm
07-08-2025 | 05:00 pm
Sandhar Technologies' board approved financial results for the quarter, posting consolidated revenue of ₹1,090.09 Cr and net profit of ₹28.01 Cr. For business consolidation and economies of scale in Aluminium Die Casting, two units (TN Unit-I & HR Unit-V), contributing ₹279.33 Cr and ₹182.84 Cr respectively to last year's revenue, will be sold to its wholly-owned subsidiary. The company also plans to raise up to ₹500 Cr fresh capital and increase borrowing limits from ₹600 Cr to ₹1,200 Cr, subject to shareholder approvals. Jayant Davar's re-appointment as Executive Chairman & CEO (effective Jan 2026) was approved. A final dividend of ₹3.50/share for FY24-25 was also confirmed.
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