Sandhar Technologies Limited has informed the Exchange about Diversification/Disinvestment

Core business divestedStrategic Transactions View source PDF Explain this filing

SANDHAR · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.3%Reaction day

₹524.00

prior close

₹534.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.8%+3.2% vs market

Auto Components & Equipments peers, median of 108sector-1.8%+3.1% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 3.1 pts more 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

-0.1

10m

-0.2

15m

+0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3-1.8+3.2-1.8+3.1

Next day

+6.4-1.5+8.0-0.9+7.3

+2.9-1.3+4.2-1.7+4.6

+2.7-0.8+3.5-0.8+3.5

+5.0+1.1+3.9+1.1+4.0

+4.2+1.1+3.1+0.6+3.6

+3.1+2.5+0.5+2.3+0.8

15d

-1.4+3.2-4.6+3.6-5.0

-5.8+4.1-9.9+3.5-9.4

-15.5+0.5-16.0+0.9-16.3

-11.9+2.8-14.7+5.7-17.6

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 108Pending

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

AI summary

Sandhar Technologies has signed a Share Purchase Agreement on 19th June 2025 to sell its entire 50% stake in Kwangsung Sandhar Technologies Private Limited (KSTPL) for about ₹10.08 crore and its direct 4.5% stake in Kwangsung Sandhar Automotive Systems Private Limited (KSASPL) for about ₹0.99 crore, totalling roughly ₹11.07 crore. The buyer is its existing JV partner, Kwangsung Corporation Ltd. of Korea, and the deal is expected to close by 24th June 2025. The transaction is not a related-party deal and the buyer is not connected to Sandhar's promoters. Since KSTPL was a joint venture, its revenue (₹52.82 crore in FY25) was not consolidated into Sandhar's books, meaning there is no direct revenue impact from the exit. The company states the move is aimed at streamlining operations and focusing on its core competencies.

Likely market impact

The cash inflow of about ₹11 crore is modest and the divested JVs were not contributing to consolidated revenue, so earnings impact is negligible. Investors should view this as a strategic refocusing move rather than a financially material event — broadly neutral to mildly positive for portfolio clarity.