Sandhar Ascast Buys Sundaram-Clayton’s Aluminium Die Casting Business
ECONOMY & POLICY

Sandhar Ascast Buys Sundaram-Clayton’s Aluminium Die Casting Business

Sandhar Technologies Limited has announced a acquisition through its wholly-owned subsidiary, Sandhar Ascast Private Limited. The company has signed a Business Transfer Agreement (BTA) on March 26, 2025, to acquire the high-pressure and low-pressure aluminium die casting business of Sundaram-Clayton Limited (SCL) at its Hosur plant.
 
The Rs 1.63 billion all-cash deal marks a significant expansion for Sandhar, enhancing its presence in the die casting segment. While Sandhar has long held a strong position in High-Pressure Die Casting (HPDC), this acquisition enables it to enter the Low-Pressure Die Casting (LPDC) market, broadening its product portfolio with components such as cylinder heads, manifolds, and housings. 

The deal also expands Sandhar’s production capacity by integrating higher tonnage HPDC machines (above 800T), improving efficiency and diversifying its customer base. The acquisition strengthens Sandhar’s commitment to innovation, R&D, and market leadership in the automotive and industrial sectors. 

Yashpal Jain, CFO & Company Secretary of Sandhar Technologies, stated: 
"This acquisition reinforces our position as an integrated solutions provider in the automotive sector. By expanding our product portfolio and manufacturing capabilities, we are driving sustainable growth and long-term value creation." 

Ajay Kumar Raghav, COO of Castings, Machining & Tooling Business, added: 
"This move significantly strengthens our foothold in both HPDC and LPDC markets, creating new opportunities and accelerating our growth trajectory." 
With this acquisition, Sandhar is poised to become a dominant player in the aluminium die casting industry, further solidifying its market leadership. 

(BSE)      

Sandhar Technologies Limited has announced a acquisition through its wholly-owned subsidiary, Sandhar Ascast Private Limited. The company has signed a Business Transfer Agreement (BTA) on March 26, 2025, to acquire the high-pressure and low-pressure aluminium die casting business of Sundaram-Clayton Limited (SCL) at its Hosur plant. The Rs 1.63 billion all-cash deal marks a significant expansion for Sandhar, enhancing its presence in the die casting segment. While Sandhar has long held a strong position in High-Pressure Die Casting (HPDC), this acquisition enables it to enter the Low-Pressure Die Casting (LPDC) market, broadening its product portfolio with components such as cylinder heads, manifolds, and housings. The deal also expands Sandhar’s production capacity by integrating higher tonnage HPDC machines (above 800T), improving efficiency and diversifying its customer base. The acquisition strengthens Sandhar’s commitment to innovation, R&D, and market leadership in the automotive and industrial sectors. Yashpal Jain, CFO & Company Secretary of Sandhar Technologies, stated: This acquisition reinforces our position as an integrated solutions provider in the automotive sector. By expanding our product portfolio and manufacturing capabilities, we are driving sustainable growth and long-term value creation. Ajay Kumar Raghav, COO of Castings, Machining & Tooling Business, added: This move significantly strengthens our foothold in both HPDC and LPDC markets, creating new opportunities and accelerating our growth trajectory. With this acquisition, Sandhar is poised to become a dominant player in the aluminium die casting industry, further solidifying its market leadership. (BSE)      

Next Story
Infrastructure Transport

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Next Story
Resources

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Next Story
Real Estate

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?