Endurance Tech unit buys remaining 32% stake in Stoeferle entities for EUR 18M

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

ENDURANCE · price

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Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹2641.00

prior close

₹2665.00

announcement price

After-mkt

timing

Nifty Midcap 150market+0.1%-0.7% vs market

Auto Components & Equipments peers, median of 124sector+0.0%-0.6% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Midcap 150 and 0.6 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.0

15m

+1.1

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.1-0.7+0.0-0.6

Next day

-1.7-1.0-0.7-1.6-0.1

-4.3-0.4-3.8-2.3-2.0

-4.8+0.6-5.4-1.7-3.1

-5.3-0.1-5.3-1.7-3.6

-8.1-2.5-5.7-4.1-4.0

-8.4-1.1-7.4-3.2-5.2

15d

-15.0-5.8-9.2-9.8-5.2

-13.7pendingpending-8.6-5.1

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UpDownMarket · Nifty Midcap 150Sector · Auto Components & Equipments peers, median of 124Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Endurance Tech Italian subsidiary EOSpA will buy the remaining 32% stake in German firms Stoeferle Automotive GmbH and Stoeferle GmbH for 18 million Euros in cash, up from 68% earlier. The remaining stake was originally due in tranches by June 2030. Stoeferle Automotive turnover was 76.4 million Euros and Stoeferle GmbH 16.9 million Euros in FY26. Both make machined aluminium castings for automotive use. Related party deal at arm's length, effective immediately.

Likely market impact

Endurance gains full ownership of Stoeferle units, simplifying governance and locking in a lower deal price of 18 million Euros.