Sandhar Technologies Ltd acquires shares of JV company

Sandhar Technologies Limited ("the Company") has acquired/purchased 1,48,23,143 equity shares (i.e. 47.82% of total shareholding) of Sandhar Daewha Automotive Systems Private Limited on 28th December, 2021. The shareholding of the Company has increased from 52.18% to 100% of the total shareholding in Sandhar Daewha Automotive Systems Private Limited ("SDASPL"), accordingly SDASPL has become the Wholly Owned Subsidiary of the Company.

Shares of Sandhar Technologies Limited was last trading in BSE at Rs. 246.80 as compared to the previous close of Rs. 247.60. The total number of shares traded during the day was 1422 in over 177 trades.

The stock hit an intraday high of Rs. 251.05 and intraday low of 245.60. The net turnover during the day was Rs. 353739.00.

Source : Equity Bulls

Keywords

SandharTechnologies INE278H01035 Acquisition SandharDaewhaAutomotiveSystems