Endurance Technologies Limited has informed the Exchange about change in Management

Director flagged a governance concernManagement Changes View source PDF Explain this filing

ENDURANCE · price

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

-3.5%Reaction day

₹2629.00

prior close

₹2525.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.4%-3.1% vs market

Auto Components & Equipments peers, median of 114sector-0.3%-3.2% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Midcap 150 and 3.2 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

-2.7

10m

-3.1

15m

-2.2

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-0.4-3.1-0.3-3.2

Next day

-4.9-0.7-4.2-1.8-3.1

-3.4+0.1-3.5-0.8-2.6

-3.0+0.4-3.5-0.8-2.2

-0.3+0.5-0.9+0.1-0.4

+3.7+0.7+3.1+0.2+3.6

+3.8+2.0+1.9+1.5+2.3

15d

-5.3-1.9-3.4-1.7-3.6

-0.4+1.0-1.4+2.0-2.4

+4.6+3.6+1.0+7.0-2.4

+12.9+4.9+8.0+8.5+4.5

UpDownMarket · Nifty Midcap 150Sector · Auto Components & Equipments peers, median of 114Pending

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

AI summary

Endurance Technologies reported strong FY2026 results with standalone revenue of Rs. 10,640 crore (up 20%) and consolidated revenue of Rs. 14,596 crore (up 26%). Standalone profit after tax grew 8% to Rs. 734 crore while consolidated PAT rose 14% to Rs. 952 crore. The Board recommended a dividend of Rs. 11.50 per share (115%) for shareholder approval at the 27th AGM on 13th August 2026. In a governance change, Mr. Indrajit Banerjee, currently an Independent Director, will become Chairman from 10th June 2026, succeeding Mr. Soumendra Basu whose tenure ends 9th June 2026. The company also completed acquisitions of Maxwell Energy Systems (remaining 38.5% stake) and Stoferle Automotive Group (60% stake) during the year.

Likely market impact

Strong financial performance with 20-26% revenue growth and chairman transition from existing independent director indicates stable operations with no governance red flags for shareholders.