Sundaram Clayton Limited
The company is a leading manufacturer of aluminium die-casting components. It supplies to major automotive OEMs including TVSM, the Cummins group etc. SCL was set up by the TVS group and the UK-based Clayton Dewandre Holdings Ltd.
What Sundaram files
- Others75
- Important25
- Board Meeting13
- Updates8
- JV/Acquisition3
- Results2
Sundaram-Clayton shareholders approved the re-appointment of M/s. Raghavan, Chaudhuri & Narayanan as Statutory Auditors for a 5-year term at the Annual General Meeting. This ensures continuity in financial oversight.
Sundaram-Clayton sold 16.381 acres of land in Korattur, Chennai, to Canopy Living LLP, a joint venture of Arihant Foundations & Prestige Estates. The total consideration for this asset disposal is Rs. 560.67 Cr, with an advance of Rs. 25 Cr already received.
Sundaram-Clayton received approval to reclassify T.V. Sundram Iyengar & Sons Private Limited from Promoter to Public category. This formally removes them from the Promoter Group, clarifying the company's shareholder structure.