NSEAcquisition6 Oct 2026 · 6 Oct 2026, 07:57 pm

Acquisition

Endurance Technologies Limited · ENDURANCE

✦ AI Summaryacquisition

Endurance Technologies Limited has informed the Exchange about the acquisition of Fondalpress SpA, Italy, via its parent company Anna Milena SpA, Italy, by Endurance Overseas SpA, Italy, a wholly owned subsidiary of the Company, for an agreed price consideration of Euro 12.34 million.

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Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10

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Endurance Technologies Limited has informed the Exchange about Acquisition

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ENDURANCE_06102026195508_2026_10_06_-_Letter_SEs_acquisition_of_Fondalpress_by_EOSpA.pdf

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ENDURANCE TECHNOLOGIES LIMITED 2nd Floor, Kumar Solitaire, S. No. 216B/218A/215A, Near Aga Khan Palace, Shastri Nagar, Nagar Road, Pune-411 006 (M.S.), India Tel: +91-20-68284200 Fax: +91-20-26680894 Website: www.endurancegroup.com CIN No. L34102MH1999PLC123296 6th October, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 BSE Code: 540153 NSE Code: ENDURANCE Sub.: Acquisition of Fondalpress SpA, Italy, via its parent company Anna Milena SpA, Italy, by Endurance Overseas SpA, Italy, a wholly owned subsidiary of the Company Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir / Madam, Pursuant to Regulation 30 of the Listing Regulations read with the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 (“SEBI Circular”), we wish to inform that Endurance Overseas SpA, Italy (“EOSpA”), a wholly owned subsidiary of the Company, has entered into a Share Purchase Agreement (“SPA”) today i.e. on 6th October, 2026, whereby it has acquired: a. 100% shareholding in Anna Milena SpA, Italy (“Anna Milena”) which, further holds 99.5% shares in Fondalpress SpA, Italy (“Fondalpress”); and b. the balance 0.5% shares in Fondalpress from its individual shareholders. The acquisition is for an agreed price consideration of Euro 12.34 million for 100% stake in Anna Milena and Fondalpress (collectively “Target companies”). Fondalpress, the operating entity, is engaged in die-casting and machining of aluminium components for automotive applications. In accordance with the SEBI Circular, details of the acquisition of the Target companies are furnished in the attached Annexure. We request you to take the above information on record. Thanking you, Yours faithfully, For Endurance Technologies Limited Sunil Lalai Company Secretary, Compliance Officer and Head – Legal Membership No.: A8078 Encl.: As above ANNEXURE Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Details 1. Name of the target entity, details in Anna Milena SpA, Italy brief such as size, turnover etc. Anna Milena is the parent company of Fondalpress holding 99.5% stake and, inter alia, is in the business of the management of real estate properties. Key financial data based on the audited financial statements at 31 December, 2024: - Turnover: Euro 0.40 million; - Profit After Tax (“PAT”): Euro 0.40 million; - Net Worth: Euro 1.40 million. - Fondalpress SpA, Italy Fondalpress is engaged in die-casting and machining of aluminium components for automotive applications. Key financial data based on the audited financial statements at 31 December, 2024: - Turnover: Euro 32.20 million; - PAT: Euro 0.04 million; - Net Worth: Euro 20.40 million. The Target companies have cash and cash equivalent (net financial position) in the range of Euro 10.10 million. EOSpA, a wholly owned subsidiary of the Company, has entered into a Share Purchase Agreement (“SPA”) today i.e. on 6th October, 2026 for acquisition of 100% stake in Fondalpress through its parent company Anna Milena (collectively “Target companies”). 2. Whether the acquisition would fall No, the transaction would not fall within the within related party transaction(s) scope of related party transaction(s). and whether the promoter/ Neither the Promoter nor the Promoter Group promoter group/ group companies has any interest, direct or indirect, in the have any interest in the entity acquisition of the Target companies. being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” Page 2 of 4 Sr. Particulars Details 3. Industry to which the entity being Fondalpress is in the business of die-casting acquired belongs and machining of aluminium components for automotive applications, while Anna Milena is the parent company of Fondalpress. 4. Objects and impact of acquisition The acquisition is aligned with the Group’s (including but not limited to, strategy of strengthening its aluminium die- disclosure of reasons for casting components business in Europe by acquisition of target entity, if its expanding manufacturing capabilities and business is outside the main line enhancing customer reach. of business of the listed entity) The acquisition gives EOSpA ownership of strategically located land & building including high-quality machines and offers an immediate opportunity to expand much needed production capacities to meet upcoming demand and insourcing of certain currently outsourced products. 5. Brief details of any governmental No governmental or regulatory approval is or regulatory approvals required required. for the acquisition 6. Indicative time period for Not applicable. completion of the acquisition 7. Nature of consideration - whether Cash consideration. cash consideration or share swap and details of the same 8. Cost of acquisition or the price at Euro 12.34 million. which the shares are acquired 9. Percentage of shareholding / 100% shareholding and voting rights in Target control acquired and / or number companies. of shares acquired 10. Brief background about the entity Brief background of Anna Milena: acquired in terms of products / line of business acquired, date of Products / line of business: Holding company incorporation, history of last 3 and management of real estate properties. years turnover, country in which Date of incorporation: 12th August, 1969 the acquired entity has presence (Euro million) and any other significant information (in brief). Financial Year Turnover PAT (31st December) 2023 0.40 0.10 2024 0.40 0.40 2025* 0.40 0.10 * The revenue and profit figures for the financial year ended 31st December, 2025 Page 3 of 4 Sr. Particulars Details are based on unaudited / provisional management accounts and are subject to approval of the statutory financial statements. Country of presence: Italy Brief background of Fondalpress: Products / line of business: Engaged in die- casting and machining of aluminium components for automotive applications. Date of incorporation: 20th September, 1969 (Euro million) Financial Year Turnover PAT (31st December) 2023 36.40 0.30 2024 32.20 0.04 2025* 26.60 (0.50) * The revenue and loss figures for the financial year ended 31st December, 2025 are based on unaudited / provisional management accounts and are subject to approval of the statutory financial statements. Country of presence: Italy 11. Additional Disclosure The consideration paid for the acquisition is Euro 12.34 million. As the Target companies hold cash and cash equivalent in the range of Euro 10.10 million, the effective net consideration translates to Euro 2.24 million. The signing and closing of the transaction occurred simultaneously. As no regulatory approvals, including Antitrust or Golden Power clearances were required, ownership and control of Target companies transferred to EOSpA upon execution of the SPA. Page 4 of 4