Sandhar Technologies Limited — Capital/Financing Update 2021

Oct 14, 2021

SANDHAR Growth. Motivation. Better Life

Ref: STL I REG-30 IBSE I NSE I 2020-21 /85

Dated: 14[th ] October, 2021

To, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

To, Listing Department, National Stock Exchange of India C-1, G-Block, Bandra-Kurla Complex Bandra, (E), Mumbai - 400 0051

BSE Code: 541163; NSE: SANDHAR

Sub: intimation under Reulation 30 of the SEBJ {isting Obligations & Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

With reference to the captioned subject, we are pleased to inform you that the Company has incorporated a wholly owned subsidiary company "Sandhar Engineering Private Limited" on 14[th ] October, 2021.

The details as required under SEBI Listing Regulations read with SEBI Circular No. CIR/CFO/CMD/4/2015 dated September 9, 2015 are as under:

SNo.	Particulars Details	-
1. 2.	Name of target entity, details in brief Sandhar Engineering Private Limited such as size, tover etc. Wheter the acquisition would fl within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the sae is doneat"arm's length" Share Capital: a)Authorised Share Capital: R.500/­ b) Paid Up Capital: Rs. 500/- The New Comany Incorporated in the name of "Sandhar Engineering Private Limited" is the Wholly Owned Subsidiary of "Sandhar Technologies Limted".
3. 4.	Industry to which the entity being ac uired belon s; Objects and efects of acquisition (including but not limitedto,disclosure of rcusons fr ucquisition of turget entily, if its business is outside te main line of business of the listed entity); Automotive; Engineering The business of wholly owned subsidiary compay wouldbei the field ofmanufacturers, assembling of all types of frrous and nonfrous metals, metal scrap, castings and frgings of all tpes, grades and accessories, tools, all types of moulding whether extuded, injected or pressed, blow, rotational fr plastic compound, alumnium compound, colours, and dyes, organc and inorganc cbe��;��• electrncbemcal, synthetic materials,

Sandhar Technologies Limited

t Ph:+91-124-451890 Corporate Office: 13, Sedor-44, Gurugram-122002, Haryana, Indic l>-s Registered Office: B-6/20, Local Shopping Complex, Safdarjung Enclave, New Delhi- 110029, India, Ph:+91Email • enquiries@sandhar.in; website• www.sandhargroup.com; CIN. L74999DL1987PLC029553

		of all kinds of components, spare parts and accessories related to the above fr motors, vehicles, trucks, tractors, motor-lorries, motor- cycles,motors,cycle-cars, cycles,scooters, buses, omnibuses, locomotives, ships engines, wagons,boats,barges,launchesand other vehicles and fr industrial usage.	of all kinds of components, spare parts and accessories related to the above fr motors, vehicles, trucks, tractors, motor-lorries, motor- cycles,motors,cycle-cars, cycles,scooters, buses, omnibuses, locomotives, ships engines, wagons,boats,barges,launchesand other vehicles and fr industrial usage.
5.	Brief details of anygoverental or regulatory approvalsrequired for the acquisition;	The Corporate Identity Number ('CIN') of the Company is U35999HR2021PTC098487, issuedbyMinistryof CorporateAfairs, Goverent of India.
6. Indicative time period fr completion of the acquisition; 7. Natue of consideration - whether cash consideration or share swap and details of the same;		NA Cash
8. Cost of acquisition or the price at which the shares are acquired;		Rs. 490/- (49 equity shares of Rs.IO/- each)
9.	Percentageofshareholding/ contol acquiredand/ornumberof shares acquired;	99.99% SandharEngineeringPrivateLimited is incorporated with the Registrar of Companies, NCT ofHayana and Delhi on 14.10.2021 and is yet to commence its business operations.
10. Briefbackgroundabouttheentity acquired in tenns of products/line of business acquired, date of incorporation, history of last 3 years tover, country in which the acquired entity has presence and any other sigifcant infrmation (in brief;

The above information will also be available on the website of the Company at www.sandhargou,p.com. Kindly take the same on record and acknowledge.

Thanking you,

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ologies Limited
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K Co pany Secretary & Compliance Officer

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