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Promoter Reclassification

Sundram Fasteners Promoter Reclassification

Sundram Fasteners' Board approved the reclassification of several promoter group entities, including UFL Properties and TVS Sundram Fasteners, into the public category. The company will now apply to NSE and BSE for a no-objection certificate. This move, following SEBI Regulation 31A compliance, marks a change in the company's regulatory shareholding structure.

Source

NSE filing, NSE: SUNDRMFAST. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Sundram Fasteners Ltd: key numbers

Share price
₹1,080.20
Market cap
₹22,698 Cr
Revenue (annual)
₹6,289 Cr
Net profit (annual)
₹591.2 Cr
P/E (TTM)
35.9×Sector 30.9×
Promoter holding
46.95%+0.00% QoQ
FII holding
11.02%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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