Sandhar Technologies (STL) has executed Share Purchase Agreement to acquire 12,05,000 equity shares equivalent to 20.08% of the total issued and paid up share capital of M/s Sandhar Tooling (Investee Company) in one or more tranches from the existing Shareholders of the Investee Company.
Prior to the said acquisition STL holds 79.92% of the total issued and paid up share capital of Investee Company. The aforesaid acquisition has now been completed on January 31, 2024 and STL now holds 100% of the total issued and paid up share capital of Investee Company. Sandhar Tooling has become wholly-owned subsidiary of Sandhar Technologies.
Sandhar Technologies has established itself as manufacturer of automobile accessories, safety locks, door hardware etc.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 140.75 |
| Tube Investments | 2975.30 |
| Bosch | 37545.15 |
| UNO Minda | 1067.80 |
| CIE Automotive India | 436.30 |
| View more.. | |
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