# Kwangsung Corporation acquires full ownership of Belite India entities

Kwangsung Corporation Ltd. acquired the remaining stake held by Sandhar Technologies Limited in Belite India Component Private Limited and its subsidiary, making them wholly owned. The transaction was announced on March 18, 2026.

- Type: Acquisition
- Announced: 2026-03-18
- Where: India
- Status: completed
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sandhar Technologies](https://endata.com/companies/25271.md) (target)
- [Kwangsung Corporation](https://endata.com/companies/90906.md) (acquirer)
- [Belite India Component Private Limited](https://endata.com/companies/90907.md) (target)
- [Belite India Automotive Systems Private Limited](https://endata.com/companies/90908.md) (target)

## Sources

- [amsshardul.com](https://www.amsshardul.com/shardul-amarchand-mangaldas-advises-kwangsung-corporation-ltd-on-acquisition-of-full-ownership-in-belite-india-entities/), 2026-03-18: "The transaction marks the exit of Sandhar Technologies Limited from the joint venture entities and results in KCL acquiring 100% ownership of Belite India Component Private Limited."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.