Endurance Technologies Receives Enhanced Industrial Promotion Subsidy of ₹858.29 Crore
Endurance Technologies Limited has received an addendum increasing its Industrial Promotion Subsidy eligibility to ₹858.29 crore, representing a ₹252.26 crore increase from the previous ₹606.03 crore under Maharashtra's Package Scheme of Incentives - 2019. The enhanced subsidy covers investments in fixed assets from April 2019 to March 2025 at Waluj units, with future annual benefits of up to ₹125.38 crore through September 2031.

*this image is generated using AI for illustrative purposes only.
Endurance technologies Limited has received a significant boost to its industrial promotion subsidy eligibility, with the Directorate of Industries, Government of Maharashtra issuing an addendum that increases total incentives to ₹858.29 crore under the Package Scheme of Incentives - 2019. This development marks a substantial enhancement from the company's previously reported subsidy eligibility.
Enhanced Subsidy Details
The addendum represents a considerable increase in the company's subsidy eligibility, as outlined in the following comparison:
| Parameter: | Amount (₹ crore) |
|---|---|
| Enhanced Subsidy Eligibility: | 858.29 |
| Previous Eligibility: | 606.03 |
| Net Increase: | 252.26 |
| Percentage Increase: | 41.63% |
These incentives are specifically tied to investments made in fixed assets from April 1, 2019, up to March 31, 2025, at the company's eligible units situated at Waluj, District Chhatrapati Sambhajinagar.
Scheme Framework and Implementation
The enhanced subsidy falls under the Mega Projects - Investment Based category of the Package Scheme of Incentives - 2019. The company plans to utilize these incentives through two primary mechanisms:
- Industrial Promotion Subsidy via refund of SGST collections by eligible units
- Electricity Duty exemption benefits
The subsidy structure is subject to fulfillment of requisite terms, conditions, and compliances under the scheme as mandated by the Maharashtra government.
Future Benefit Structure
For the remaining period of the scheme, spanning from April 1, 2025, to September 30, 2031, the company will be eligible for substantial annual benefits:
| Period Details: | Specifications |
|---|---|
| Remaining Scheme Period: | April 1, 2025 to September 30, 2031 |
| Annual Admissible Incentive: | Up to ₹125.38 crore |
| Calculation Basis: | Per financial year or pro rata basis |
| Total Remaining Period: | Approximately 6.5 years |
Regulatory Compliance
The announcement was made in compliance with Regulation 30 read with Part C of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation dated April 4, 2025, regarding the original Eligibility Certificate issued by the Directorate of Industries, Government of Maharashtra.
The enhanced subsidy eligibility represents a significant financial advantage for Endurance Technologies Limited, providing substantial support for its expansion activities under the Maharashtra government's industrial promotion initiatives. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this development on January 13, 2026.
Historical Stock Returns for Endurance Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.57% | +1.55% | -2.00% | -1.34% | +29.01% | +89.03% |
















































