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Endurance Technologies is engaged in the business of manufacturing and selling of aluminium die casting (including alloy wheel), suspension, transmission and braking products with operations spread across India.
Endurance Technologies' subsidiary has completed the divestment of its wholly-owned Italian unit, Veicoli Srl. Following regulatory approvals, the 100% shareholding transfer is finalized. Veicoli is no longer part of the Endurance group.
Endurance Technologies is divesting its wholly-owned Italian software subsidiary, Veicoli Srl, to focus on its core auto components business. The sale includes an upfront payment of € 2.2 million, deferred payment of € 0.3 million, and an earn-out potential up to € 5.0 million. Veicoli's income was Rs 32.58 Cr.
Endurance Technologies is expanding its Mindewadi plant to add 3,640 four-wheeler battery packs/month. This Rs. 62 Cr investment, funded by internal accruals and completed by Q3, strengthens its EV presence, leveraging discussions with a four-wheeler OEM.
Endurance Technologies Limited has informed the Exchange about Commencement of commercial production at the plant in Mindewadi, Pune effective today i.e. 17th June, 2026.
Endurance Technologies' senior management will hold a one-on-one meeting with Axis Mutual Fund to discuss the company's presentation. This indicates active engagement with institutional investors.