Update on acquisition of additional stake in Stoeferle GmbH and Stoeferle Automotive GmbH by Endurance…
As filed · 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 w
What happened
FactEndurance 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. Update on acquisition of additional stake in Stöferle GmbH and Stöferle. 2024 and 2nd April, 2025, informing acquisition of 60% stake in Stöferle GmbH and.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedWe expect to start SOP of solar dampers by April 2026.
This new plant will come up in Q2 of FY 27.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- We expect to substantially increase in further years, starting from next financial year. (management committed by FY27)
- The peak of this Rs. 275 crores will reach in FY 27. (management committed by FY27)
Evidence
- 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.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q3 FY26
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%