Sundram Fasteners has received an approval for raising funds through issue of Non-convertible Debentures (NCDs), not exceeding Rs 500 crore on Private Placement basis, proposed to be listed in one or more Stock Exchanges. The board of directors at their meeting held on November 22, 2017, has approved for the same.
With a diversified product line, world-class facilities in four countries and a motivated team of talented people, Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.
