Sundaram Finance Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SUNDARMFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sundaram Finance Limited has filed a disclosure confirming that the promoters and promoter group have not created any encumbrance (pledge or charge) on their shares during financial year 2025-26 or earlier. The filing submitted by Harsha Viji on behalf of the promoter group lists 100 individual members and corporate entities holding a total of 4,13,38,283 shares, representing 37.21% of the company's equity. Key promoters include individuals from the Ram, Vijayaraghavan, and Ramanujam families, along with corporate entities like India Motor Parts & Accessories Limited (2.61%) and Raghavamsa Holdings Private Limited (1.67%).
This is a positive disclosure for shareholders as it confirms no promoter shares are pledged, eliminating risk of forced selling due to loan defaults. The 37.21% promoter holding demonstrates strong promoter commitment and stable ownership structure.