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.