Sandhar Technologies Limited , a prominent player in the automotive components sector, has disclosed significant developments regarding substantial share acquisitions by its major shareholders. The company has submitted multiple declarations to the stock exchanges, shedding light on a complex share settlement process involving its promoters and family trusts.

Key Disclosures

Sandhar Technologies reported receiving declarations from two key figures:

1. Jayant Davar, Settlor of Cream & Cookies Trust
2. Monica Davar, Settlor of Hazelnut Family Trust

These declarations, submitted on September 1, 2025, are in compliance with Regulation 29(2) of the Securities and Exchange Board of India (SEBI) Substantial Acquisition of Shares and Takeovers Regulations, 2011.

SEBI Exemption

A crucial aspect of this development is the exemption granted by SEBI under Regulation 11(5) of the SAST Regulations. This exemption, detailed in SEBI order No. WTM/AB/CFD/03/2025-26 dated April 30, 2025, pertains to the proposed settlement of shares involving the aforementioned trusts.

Multiple Filings

The company has made several filings to ensure full transparency:

1. A disclosure under Regulation 29(1) of SAST Regulations, involving Jayant Davar and Monica Davar as acquirers through their respective family trusts.
2. A separate filing under Regulation 29(2) of SAST Regulations, where Jayant Davar and Monica Davar are mentioned as promoters and transferors of Sandhar Technologies Limited.
3. An additional filing under Regulation 29(2), reiterating the roles of Jayant Davar and Monica Davar as settlors of their respective family trusts.

Corporate Governance

Yashpal Jain, Chief Financial Officer & Company Secretary of Sandhar Technologies, has signed off on these disclosures, emphasizing the company's commitment to regulatory compliance and transparent communication with its shareholders.

While the exact details of the share settlement and its potential impact on the company's ownership structure are not explicitly stated in the available information, these disclosures indicate a significant reorganization of shares among the promoter group and associated family trusts.

Investors and market watchers will likely keep a close eye on any further developments or clarifications from Sandhar Technologies regarding this share settlement process and its implications for the company's governance and ownership structure.

Sandhar Technologies , a leading auto component manufacturer, has set ambitious growth targets and is expanding into new high-margin product segments. The company's Chairman, Managing Director, and CEO, Jayant Davar, recently shared insights into the firm's strategic plans and financial projections.

Double-Digit EBITDA Margins on the Horizon

Sandhar Technologies expects to achieve double-digit EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins by the end of the current financial year. The company anticipates a 50 basis points improvement in its EBITDA margins, signaling enhanced operational efficiency and profitability.

Robust Revenue Growth Projections

Looking ahead, Sandhar Technologies is projecting a substantial 20.00% revenue growth for the fiscal year 2026 (FY26). This optimistic outlook is supported by the company's recent acquisition of Sundaram Clayton's aluminium die-casting business, which is expected to contribute significantly to the top-line growth.

Smart Locks: A Game-Changer for Two-Wheelers

One of the key drivers of Sandhar's growth strategy is its expansion into the smart lock segment for two-wheelers. These innovative locks offer a substantial revenue boost compared to traditional locking systems:

• Revenue per smart lock is eight to ten times higher than conventional locks
• Two major clients have already adopted smart locks as standard equipment

This move into high-value products is expected to positively impact the company's overall profitability.

Business Segment Margins

Sandhar Technologies' various business segments contribute differently to its profit margins:

The company is working on improving margins across all segments to achieve its financial targets.

Financial Targets and Expansion Plans

Sandhar Technologies has set clear financial goals and expansion plans:

• Target: 15.00% return on capital employed for FY26
• Fundraising: Plans to raise approximately Rs 500.00 crore for potential acquisitions

Industry-Beating Growth Expectations

The company is optimistic about its future performance, expecting growth rates to be double the industry average. This ambitious target reflects Sandhar's confidence in its strategic initiatives and market positioning.

As Sandhar Technologies continues to innovate and expand its product portfolio, particularly in the high-margin smart lock segment, the company appears well-positioned to capitalize on the growing demand in the auto component sector. The management's focus on profitability improvement and strategic acquisitions suggests a clear roadmap for achieving its ambitious growth targets in the coming years.