Tag

Sundram Fasteners Limited

5 articles
Sundram Fasteners concluded its 63rd Annual General Meeting, approving financial statements and re-appointing Arundathi Krishna as a director, while also declaring a final dividend of ₹3.90 per share and a total dividend of ₹8.00 for the fiscal year. The company reported strong FY26 results, with standalone revenue reaching ₹5,542.06 Cr and a net profit of ₹580.38 Cr, demonstrating a robust financial position. Furthermore, Sundram Fasteners has initiated a process to reclassify three entities – Lakshminarayana Ancillaries, Upasana Properties, and Upasana Private Limited – from the 'Promoter Group' to 'Public,' potentially signaling a shift in shareholder structure and governance.