Business Update26 Mar 2026, 05:41 pm
Sandhar Technologies to Establish Automotive Facility in Mexico
AI Summary
Sandhar Technologies Ltd. announced the outcome of its Board meeting held on March 26, 2026, where the directors approved a proposal to establish an assembling/manufacturing facility for the company's automotive business in Mexico. The expansion will be carried out either through a branch office, a wholly owned subsidiary, or another permissible entity under Mexican law. The objective is to strengthen the company's international presence, enhance proximity to key customers and OEMs, and achieve operational and supply chain efficiencies. Detailed disclosures will be made upon finalization of the structure and receipt of necessary approvals.
Key Highlights
- Sandhar Technologies to establish an automotive facility in Mexico
- Expansion to strengthen international presence and enhance proximity to key customers and OEMs
- Objective includes achieving operational and supply chain efficiencies
- Expansion to be carried out through branch office, wholly owned subsidiary, or other permissible entity
- Detailed disclosures to be made upon finalization of structure and receipt of necessary approvals