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Sundaram Finance informs about acquisition

05 Nov 2026 Evaluate
Sundaram Finance has informed that the Board of Directors of the Company has, at its meeting held today, accorded its approval for the proposed acquisition of 100% stake in Sundaram Alternate Assets (SAAL), a wholly-owned subsidiary of Sundaram Asset Management Company (SAMCL), which in turn is a wholly-owned subsidiary of the Company. The proposed acquisition shall be subject to necessary regulatory approvals. Upon completion of the proposed acquisition, SAAL shall become a wholly-owned subsidiary of the Company. Details as required in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015 as amended, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are annexed to this letter as Annexure. The Board Meeting commenced at 10.00 A.M. and concluded at 02.20 PM.

The above information is a part of company’s filings submitted to BSE. 

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