Endurance Technologies Limited , a leading automotive component manufacturer, has received regulatory approval for the strategic merger of its wholly-owned step-down subsidiaries in Italy. The Italian Chamber of Commerce has granted the requisite approval, marking a significant milestone in the company's consolidation efforts.

Merger Approval and Timeline

Following the initial announcement on July 31, 2025, the company has now secured all necessary regulatory clearances. The merger will be effective from January 1, 2026, with the appointed date remaining April 1, 2025. This regulatory milestone brings the consolidation plan closer to completion.

Merger Structure and Entity Changes

The approved merger involves three Italian entities:

1. Endurance Engineering S.r.l (EESrl) - Transferor
2. Endurance S.p.A (ESpA) - Transferor
3. Endurance Castings S.p.A (ECSpA) - Transferee

As part of the restructuring, Endurance Castings S.p.A will be renamed to Endurance S.p.A from the effective date, streamlining the corporate identity post-merger.

Financial Performance Overview

The three entities demonstrated strong combined performance for the financial year ended March 31, 2025:

Strategic Benefits

The consolidation aims to deliver multiple operational advantages:

• Creation of operational synergies across manufacturing processes
• Achievement of economies of scale in production and procurement
• Reduction in administrative costs and compliance burden
• Streamlined management structure for enhanced efficiency

Impact Assessment

The merger will not involve any cash consideration or share exchange, ensuring Endurance Technologies' shareholding pattern remains unchanged. All three entities being wholly-owned step-down subsidiaries means the consolidation is purely operational, focused on enhancing business efficiency rather than altering ownership structures.

With regulatory approval now secured, Endurance Technologies is positioned to realize the anticipated synergies and cost benefits from this strategic consolidation in the European automotive components market.

Endurance Technologies Limited has informed stock exchanges about a cybersecurity incident that occurred on December 23, 2025, affecting the company's IT infrastructure. The auto ancillaries manufacturer filed the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Incident Details and Immediate Response

The cybersecurity incident was detected on the same day it occurred, prompting immediate action from the company's IT security team. Upon detection, Endurance Technologies took swift steps to isolate the affected systems to prevent further compromise.

Operational and Financial Impact Assessment

Based on the company's current assessment, the cybersecurity incident has not resulted in any material impact on core operations or the financial position of Endurance Technologies. The company emphasized that its primary business functions remain unaffected by the security breach.

The management has assured stakeholders that remediation measures have been initiated to contain and mitigate the impact of the incident. These measures are designed to restore normal operations and strengthen the company's cybersecurity infrastructure.

Investigation and Future Communications

Endurance Technologies has launched a detailed investigation into the cybersecurity incident to determine the full scope and potential implications. The company has committed to transparency regarding the investigation outcomes.

The management stated that if any material impact is ascertained during the investigation process, the same will be communicated to stakeholders in due course. This commitment ensures that investors and other stakeholders will be kept informed of any significant developments related to the incident.

Regulatory Compliance

The disclosure was made in compliance with regulatory requirements under the SEBI listing regulations. The company filed the intimation with both stock exchanges, ensuring full transparency with market participants about the cybersecurity incident and its current assessment of the impact.