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Sale2 Jul 2025, 07:11 pm

Sandhar Technologies Ltd. to Sell Plant and Machinery of Unit-III to Sandhar Engineering Private Limited

AI Summary

Sandhar Technologies Ltd. has executed a Sale/Purchase Agreement on 1st July 2025 with its Wholly Owned Subsidiary, Sandhar Engineering Private Limited, for the sale of the entire Plant and Machinery of Sandhar Technologies Limited (HR) โ€” Unit-III. The consideration for the sale is agreed at INR 19.01 crores, payable either as a lump sum or in tranches within a period of six months from the date of the Agreement. The transaction is done at arm's length and does not fall under the Scheme of Arrangement.

Key Highlights

  • Sale of Plant and Machinery of Unit-III to Sandhar Engineering Private Limited
  • Consideration for the sale agreed at INR 19.01 crores
  • Payment to be made either as a lump sum or in tranches within six months
  • Transaction is done at arm's length
  • Does not fall under the Scheme of Arrangement
SANDHAR
Auto Components & Equipments
Sandhar Technologies Ltd

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