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Merger & Restructuring

Sundaram Finance Merger & Restructuring

Sundaram Finance Limited announced the amalgamation of its step-down subsidiary, Capitalgate Investment Advisors, into another step-down subsidiary, Sundaram Alternate Assets Limited. The merger involves no financial consideration. This internal consolidation aims to augment future growth and streamline management within the group's asset management business.

Source

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

Read the filing ↗

Sundaram Finance Ltd: key numbers

Share price
₹3,941.00
Market cap
₹43,786 Cr
Revenue (annual)
₹9,809 Cr
Net profit (annual)
₹2,059 Cr
P/E (TTM)
19.7×Sector 19.8×
Promoter holding
37.19%-0.02% QoQ
FII holding
17.99%Current quarter

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

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