Sundaram Clayton Limited has informed the Exchange about Sale or disposal

SUNCLAY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-12.7%1-day move

₹1362.00

prior close

₹1362.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.5-0.4-0.8-1.6-12.7-8.2-8.1-6.5-8.1-4.7+11.7+4.4-1.1+1.7

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AI summary

Sundaram Clayton has completed the sale of 16.33 acres of land in Korattur Village, Ambattur Taluk, Chennai to Canopy Living LLP (a joint venture between Arihant Foundations & Housing and Prestige Estates Projects). The transaction was originally agreed via an Agreement to Sell on 8th January 2026, with an advance of ₹25 crore already received. The sale deed has now been executed and registered on 26th March 2026, and the company has received the balance consideration of ₹533.62 crore, taking the total deal value to ₹558.62 crore.

Likely market impact

This is a positive development for shareholders as the company has unlocked significant value (~₹558.62 crore) from a non-core land asset, boosting its cash position. The stock may see a positive reaction given the large cash inflow from monetising idle land.