ENDURANCE2026-08-03ENDURANCE2026-08-032026-08-03iso4217:INRxbrli:pure540153Endurance Technologies LimitedENDURANCENOTLISTEDINE913H01037Updatefalse2026-08-0315:29:002026-06-242026-06-242026-08-03Sale or disposal of unit(s)/division(s)/subsidiaryEndurance Overseas SpA, Italy (“EOSpA”), a wholly owned subsidiary of the Company, has entered into a Share Purchase Agreement (“SPA”) to sell 100% of its shareholding in Veicoli Srl, Italy (“Veicoli”) subject to receipt of requisite regulatory approvals.Transaction CompletedThe requisite regulatory approval(s) for the divestment have been received by EOSpA. Accordingly, EOSpA has, today i.e. 3rd August, 2026, completed the formalities for transfer of its entire shareholding in Veicoli, as per the SPA. With this, Veicoli has ceased to be a subsidiary of EOSpA and, consequently, of the Company.2419000002026-08-031The consideration amount of Rs. 24.19 crore represents upfront fixed payment of Euro 2.2 million agreed under the sale transaction. The amount in Indian Rupees has been computed using the indicative exchange rate prevailing as on date, as sourced from Investing.com. In addition to upfront fixed payment, consideration for the sale comprise: a) Deferred fixed payment of Euro 0.3 million; and b) Earn out consideration linked to financial results for the first three years after completion, subject to a cap of Euro 5.0 million.