Sundaram Finance Holdings has completed the acquisition of 650 equity shares of Rs 1,00,000 each, representing 6.84% in Flometallic India, from the individual shareholders of that company, at a total consideration of Rs 12,49,56,000 (excluding stamp duty).
Sundaram Finance Holdings is involved in the business of making all types of investments, including investments in financial service enablers, Fin-tech investments and Small Startup Type (incubator) investments, as well as to engage in the business of BPO, consultants.
