Date: September 24, 2026
Board Meeting Outcomes
Not Specified
Financial Results (Standalone & Consolidated)
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
KMP / Board / Auditor Changes
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Reclassification of Promoter Group Entities:
- Sundram Fasteners Limited has received formal approval from both National Stock Exchange of India Limited (NSE) and BSE Limited for the reclassification of three entities from the 'Promoter Group' category to the 'Public' category.
- The approval was granted under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The application for this reclassification was originally submitted to the exchanges on May 5, 2026.
Approval Details:
- NSE Approval: Letter No. NSE/LIST/COMP/SUNDRMFAST/590/2026-2027 dated September 23, 2026.
- BSE Approval: Letter No. LiST/COMP/KR/220/2026-27 dated September 23, 2026.
Entities Reclassified:
The following three entities have been approved for reclassification from 'Promoter Group' to 'Public' shareholders:
1. Lakshminarayana Ancillaries Private Limited (LNL)
2. Upasana Properties Private Limited (UPP)
3. Upasana Private Limited (UPL)
Ongoing Compliance:
The company is required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification, as per the provisions of Regulation 31A of the SEBI LODR Regulations.
The approval letters from the stock exchanges are enclosed with the disclosure and the information is available on the company's website at www.sundram.com.