NSEAcquisition1 Jul 2026 · 1 Jul 2026, 07:30 pm
Acquisition
Endurance Technologies Limited · ENDURANCE
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Endurance Technologies Limited has informed the Exchange about the acquisition of an additional 8% stake in Stoeferle GmbH and Stoeferle Automotive GmbH by its wholly-owned subsidiary Endurance Overseas SpA, Italy, increasing its shareholding from 60% to 68%.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Endurance Technologies Limited has informed the Exchange about update on acquisition of additional stake in Stoeferle GmbH and Stoeferle Automotive GmbH by Endurance Overseas SpA, Italy ( EOSpA ), a wholly-owned subsidiary of the Company.
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ENDURANCE_01072026192929_2026_07_01_-_Update_on_Stoeferle.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
1st July, 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 acquisition of additional stake in Stöferle GmbH and Stöferle
Automotive GmbH by Endurance Overseas SpA, Italy (“EOSpA”), a
wholly-owned subsidiary of the Company
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 intimations filed by the Company on 12th December,
2024 and 2nd April, 2025, informing acquisition of 60% stake in Stöferle GmbH and
Stöferle Automotive GmbH, Germany (“Target Companies”) in terms of the Share
Purchase Agreement executed by Endurance Overseas SpA, Italy (“EOSpA”), a
wholly-owned subsidiary of the Company.
Pursuant to Regulation 30 of the Listing Regulations, we further inform that EOSpA
has on 29th June, 2026 executed a transfer agreement for acquisition of additional
8% stake in the Target Companies. This is in accordance with the Share Purchase
Agreement signed in December 2024. Consequent to the aforesaid acquisition,
EOSpA’s shareholding in Target Companies has increased from 60% to 68%. The
acquisition of additional shares was informed by EOSpA to the Company today i.e.
1st July, 2026.
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