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Sandhar Technologies Limited — M&A Activity 2021
Mar 21, 2021
60876_rns_2021-03-21_1d573dfc-14d2-4268-8f45-6db48199da4d.pdf
M&A Activity
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Ref: ST1/REG-30/BSF/NSE/ 2020-21/85
Dated: 21[st ] March, 2021
To, Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai- 400001
To,
Listing Department National Stock Exchange of India Limited C-1, G Block, Bandra Kurla Complex Bandra, (E), Mumbai- 4000051
BSE Code: 541163, NSE: SANDHAR
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
We are pleased to inform you that the Company has entered into a Non-Binding Memorandum of Understanding with Unicast Autotech (P) Ltd on 20[th ] March, 2021 for the purpose of acquiring Aluminium Die Casting Business.
The closure of the transaction is subject to satisfactory due diligence and execution of Definitive Binding Agreement.
Kindly take the above information on your record.
Thanking You
Yours faithfully, FOR SANDHAR ':!(EC�OLOGIES LIMITED // r( ,[\ ] •. ;.y[1 ] (Komal Malik) Company Secretary and Compliance Officer
Sandhar Technologies Limited
Corporate Office : 13, Sector-44, Gurugram-122002, Haryana, India. Ph:+91-124-4518900 Registered Office: B-6/20, Local Shopping Complex, Safdarjung Enclave, New Delhi- 110029, India, Ph:+91-11-40511800 Email - [email protected]; website - www.sandhargroup.com; CIN - L7 4999DL1987PLC029553