Cash In, Move On: Sandhar Technologies Completes JV Stake Sale, Unlocks New Opportunities

Sandhar Technologies Ltd has successfully achieved the entire consideration for the sale of its complete 50% interest in the joint venture, Jinyoung Sandhar Mechatronics Private Limited. The company had previously entered into a share purchase agreement with Jinyoung Electro-Mechanics Co. Ltd. for this sale, as part of its continuous portfolio realignment and strategic concentration on core businesses.

 

The Sandhar Technologies board had sanctioned the disinvestment in March 2025, instructing the management to find buyers and close the deal. The deal has now been executed, and all the financial obligations have been settled in accordance with the agreed terms. This step aligns with Sandhar's plan to consolidate operations and redeploy capital into high-growth segments, such as recent purchases in the aluminium die-casting business segment.

 

The company has also stated that the consideration that it has received for selling the stake is at or above the fair market value, which will be creating value for the shareholders. The success of this transaction further reinforces Sandhar Technologies' balance sheet and gives it more resources for future growth and investment opportunities.

 

This expansion is a key milestone in Sandhar's continued business evolution and positions the firm for further growth in its core automotive parts and allied businesses.

 

Source: Economic Times, Moneycontrol, Sandhar Technologies Announcements