SANDHARNSESandhar Technologies Limited· Auto ComponentsHighNeutral
Announced Tue, 24 Jun, 2025 · 16:09 IST

Sandhar Technologies Limited has informed the Exchange about Diversification/Disinvestment- The Company has received the full consideration amount for the sale of its entire shareholding in Kwangsung Sandhar Technologies Private Limited (KSTPL) and Kwangsung Sandhar Automotive Systems Private Limited (KSASPL) (Subsidiary of KSTPL) the transaction is Completed

Core Business DivestedStrategic Transactions View source PDFExplain this filing

SANDHAR · price

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Price reactionminutes from the announcement price · days from the prior close
+2.3%Reaction day
₹538.00
prior close
₹541.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.9%+0.4% vs market
Auto Components & Equipments peers, median of 108sector+1.1%+1.2% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.2 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
5m
+0.4
10m
+0.6
15m
+1.4
30m
+0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.3+1.9+0.4+1.1+1.2
Next day
+1.5+1.9-0.4+1.6-0.1
2d
+0.8+2.4-1.6+1.7-0.9
3d
+0.4+3.3-3.0+2.8-2.4
4d
-0.1+3.4-3.5+2.9-3.0
5d
-2.2+3.2-5.5+2.5-4.7
1w
-1.6+3.7-5.4+3.0-4.7
15d
-2.9+5.4-8.2+3.4-6.2
1m
-7.9+2.4-10.3+2.8-10.7
2m
-17.5+0.8-18.3+2.9-20.4
3m
-14.3+1.1-15.4+8.7-23.0
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 completed the sale of its entire stake in two joint ventures — Kwangsung Sandhar Technologies Private Limited (KSTPL) and Kwangsung Sandhar Automotive Systems Private Limited (KSASPL) — to Korean partner Kwangsung Corporation Ltd. The company has received the full consideration of about ₹10.08 crore for its 50% stake in KSTPL and ₹0.99 crore for its 4.5% direct stake in KSASPL, totalling roughly ₹11.07 crore. This follows the Share Purchase Agreement signed on 19th June 2025. Consequently, both KSTPL and KSASPL will cease to be joint ventures of Sandhar, marking a full exit from these entities.

Likely market impact

The deal is small in size relative to Sandhar's overall business, so the immediate financial impact is modest, though it simplifies the company's portfolio and brings in cash. Exiting the Korean JVs removes any future earnings contribution from these ventures, which is broadly neutral to slightly negative for shareholders.