Sundaram Multi Pap Limited has informed the Exchange regarding Outcome of Board Meeting held on August 25, 2025.
SUNDARAM · price
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Awaiting price reaction for this filing.
Sundaram Multi Pap's board met on August 25, 2025 and approved the notice and directors' report for the 31st Annual General Meeting (AGM), along with audited financial statements for FY2024-25. The 31st AGM is scheduled for September 29, 2025, conducted via video conferencing, with e-voting open from September 26-28, 2025 (cut-off date September 22, 2025). Importantly, the board decided to separate and postpone all matters related to the proposed acquisition of Sundaram Land and Assets Private Limited — including valuation approval — to a later date. The register of members will remain closed from September 23 to September 29, 2025.
The postponement of the proposed acquisition of Sundaram Land and Assets Private Limited is a notable delay that shareholders had been anticipating; this could create short-term uncertainty about the deal's valuation and structure. The AGM-related items are routine and should not materially impact the stock.