Endurance Technologies Limited has informed the Exchange about a proposal of merger of wholly-owned step-down subsidiaries of the Company viz. Endurance Engineering S.r.l, Italy and Endurance S.p.A, Italy ( Transferor companies ), with Endurance Castings S.p.A, Italy ( Transferee company ), been approved by the Board of Directors of the respective companies today i.e. 31st July, 2025.

Endurance Technologies announced that its board has approved a merger of two wholly-owned step-down Italian subsidiaries — Endurance Engineering S.r.l (EESrl) and Endurance S.p.A (ESpA) — into Endurance Castings S.p.A (ECSpA), another wholly-owned step-down subsidiary. All three entities are held through Endurance Overseas S.p.A, Italy, a wholly-owned subsidiary. For FY25, EESrl had turnover of ₹911 million and PAT of ₹69 million, ESpA had turnover of ₹18,369 million and PAT of ₹1,288 million, and ECSpA had turnover of ₹4,252 million and PAT of ₹171 million. The merger is subject to parent company and regulatory approvals, with an appointed date of 1st April 2025. Since all entities are wholly-owned, there is no cash consideration or share exchange, and Endurance Technologies' shareholding pattern remains unchanged. The rationale is to combine complementary businesses, achieve synergies, reduce costs, and simplify compliance.