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Sandhar Technologies acquires shares of Sandhar Daewha Automotive Systems

29 Dec 2021 Evaluate

Sandhar Technologies has acquired 1,48,23,143 equity shares (i.e. 47.82% of total shareholding) of Sandhar Daewha Automotive Systems (SDASPL) on December 28, 2021. The shareholding of the Company has increased from 52.18% to 100% of the total shareholding in Sandhar Daewha Automotive Systems. Accordingly, SDASPL has become the Wholly Owned Subsidiary of the Company.

Sandhar Technologies has established itself as manufacturer of automobile accessories, safety locks, door hardware etc.

Peers
Company Name CMP
SamvardhanaMotherson 164.50
Tube Investments 2580.40
Bosch 47711.40
UNO Minda 1223.50
Bombay Burmah Trdg. 1449.80
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