Sandhar Technologies Limited has informed the Exchange about Sale or disposal
SANDHAR · price
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Sandhar Technologies has executed a Sale/Purchase Agreement on 1st July 2025 to sell the entire Plant and Machinery of its HR Unit-III to its Wholly Owned Subsidiary, Sandhar Engineering Private Limited. The total consideration is INR 19.01 crores, based on a valuation report, payable in cash, securities, or a combination within six months. The unit being sold contributed about 4.78% of the company's standalone revenue (INR 139.23 crores) in the last financial year. Since the buyer is a wholly owned subsidiary, this qualifies as a related party transaction, but the company states it is being done on an arm's length basis.
This is an internal restructuring where assets are moved from the parent to its wholly owned subsidiary. There is no impact on minority shareholders from a control or ownership standpoint, and the 4.78% revenue share of the unit suggests limited effect on the company's overall business. Shareholders should watch for further clarity on whether this signals a broader restructuring or operational change.