Sandhar Technologies Acquires Sundaram-Clayton’s Aluminium Die Casting Business for INR 163 Crores

Sandhar Technologies Limited, a leading name in the automotive components industry, has taken a significant step forward in its growth journey by executing a Business Transfer Agreement on March 26, 2025. Through this agreement, Sandhar Ascast Private Limited, its wholly-owned subsidiary, has successfully acquired the high pressure and low pressure Aluminium die casting business of Sundaram-Clayton Limited (SCL) at its Hosur Plant. This acquisition represents a pivotal expansion of Sandhar Ascast's operations, positioning it to leverage substantial growth opportunities in the upcoming Financial years. The acquisition is being made via all-cash deal valued at INR 163 Crores, subject to adjustments as per the terms outlined in the Business Transfer Agreement at the time of deal closure.