NSESale or disposal3 Aug 2026 · 3 Aug 2026, 05:02 pm
Sale or disposal
Endurance Technologies Limited · ENDURANCE
✦ AI SummaryDivestiture
Endurance Technologies Limited has informed the Exchange about the update on the sale of a wholly-owned step-down subsidiary, Veicoli Srl, in Italy. The requisite regulatory approvals have been received, and the transfer of shareholding has been completed, making Veicoli cease to be a subsidiary of the Company.
Analysis Scores
Earnings Impact2/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Endurance Technologies Limited has informed the Exchange about update on Sale of a wholly-owned step-down subsidiary of the Company in Italy
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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
3rd August, 2026
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
BSE Code: 540153 NSE Code: ENDURANCE
Sub.: Update on divestment of a wholly-owned step-down subsidiary of the
Company in Italy.
Ref.: Regulation 30 read with Part A of Schedule III to the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“Listing
Regulations”).
Dear Sir / Madam,
This is in continuation to the Company’s intimation dated 24th June, 2026,
regarding the execution of a Share Purchase Agreement (“SPA”) by Endurance
Overseas SpA, Italy (“EOSpA”), a wholly-owned subsidiary of the Company for
divesting 100% of its shareholding in Veicoli Srl, Italy (“Veicoli”), subject to receipt
of requisite regulatory approval(s).
Pursuant to Regulation 30 of the Listing Regulations, we hereby inform that the
requisite regulatory approval(s) for the aforesaid divestment have been received by
EOSpA.
Accordingly, EOSpA has, today i.e. 3rd August, 2026, completed the formalities for
transfer of its entire shareholding in Veicoli, as per the SPA. With this, Veicoli has
ceased to be a subsidiary of EOSpA and, consequently, of the Company.
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