Promoter co. sells entire 6.5% in autocomp player Belrise Industries
Sumedh Tools Pvt Ltd, belonging to the promoter group of Pune-based Belrise Industries , has sold 5,83,43,040 equity shares (58.3 million), representing 6.56% of the paid-up equity share capital of the company, through a block deal on December 23, 2025. Sumedh Tools has no more stake left in the company.Belrise Industries is an automotive component manufacturer, supplying safety-critical parts like chassis, suspension, polymer parts, and e-mobility components for 2-wheelers, 3-wheelers, 4-wheelers, and agri-vehicles to global OEMs like Bajaj, Honda, and Tata Motors. It specializes in metal processing, polymer processing, and surface treatment and has expanded into electric vehicle (EV) systems.
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