Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sundaram Multi PAP has informed that the meeting of board of directors was held today i.e. Monday, January 27, 2025 where board of directors considered and approved following business transactions: Issuance of 1,75,46,584 Sweat Equity Shares to Amrut Premji Shah, 1,75,46,584 Sweat Equity Shares to Shantilal Premji Shah based on the valuation report dated 24.01.2025 received from Registered Valuer/Merchant Banker subject to approval of shareholders.
The above information is a part of company’s filings submitted to BSE.