Endurance Technologies clarifies ₹4,000 crore TN investment, confirms land acquisition for new facility
The potential investment mentioned (₹4,000 crore) and the strategic expansion into a new manufacturing facility in a key region represent a significant capital expenditure and growth initiative for the company.
The company is expanding its manufacturing operations by acquiring land and planning a new facility, supported by an MoU with the state government, indicating future growth and increased capacity.
* Endurance Technologies Limited clarified an article published in the Times of India (online edition) on 10th September, 2025, regarding auto and EV component makers investing ₹4,000 crore in Tamil Nadu. * The company has acquired a leasehold plot admeasuring approximately 8.9 acres in Kancheepuram District from the State Industrial Promotion Corporation of Tamil Nadu Limited (SIPCOT). * This land acquisition is intended to expand manufacturing operations in the southern region of India, focusing on offering products to two and four-wheeler OEM customers. * A Memorandum of Understanding (MoU) has been signed with the State Government, which will facilitate the company's investment through necessary infrastructural and regulatory support. * Endurance Technologies is currently evaluating setting up a manufacturing facility on the acquired land for the production of two-wheeler disc brake components and assemblies to meet the growing demand from OEMs in that region. * The company stated that, at present, there is no requirement under the Listing Regulations to make any disclosure to the Stock Exchanges in this regard.
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Endurance Technologies Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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