Sundaram Finance | Business Upturn

Sundaram Finance completes merger of Capitalgate Investment Advisors with Sundaram Alternate Assets

Arunika Jain — Fri, 17 Apr 2026 15:36:45 +0000

Sundaram Finance Limited has successfully completed the amalgamation of its wholly-owned subsidiary, Capitalgate Investment Advisors Private Limited (CGIA), with Sundaram Alternate Assets Limited (SAAL). The merger, sanctioned by the Office of the Regional Director, Southern Region, Chennai, became effective on 17th April 2026, with an appointed date of 1st January 2026.

The transaction, which is a related party transaction for SAAL, was conducted at arm’s length. Mr. Karthik Athreya, Director of SAAL, holds an interest in the target entity through his shareholding. The promoters and other group companies of Sundaram Finance Limited (SFL) have no interest in CGIA.

CGIA, engaged in business and management consultancy services, reported a revenue of ₹21.87 lakhs and a profit after tax (PAT) of ₹9.83 lakhs for the financial year 2024-25. In comparison, SAAL, which provides financial intermediation and asset management services, recorded a revenue of ₹12,864 lakhs and a PAT of ₹1,950 lakhs during the same period.

The merger does not involve any cash consideration or share exchange ratio, as it is an internal restructuring between SAAL and its wholly-owned subsidiary, CGIA. Consequently, there will be no change in the shareholding pattern of the listed entity, Sundaram Finance Limited.

This strategic move is expected to streamline operations and enhance the financial services offered by Sundaram Alternate Assets Limited, thereby strengthening the overall business portfolio of Sundaram Finance Limited.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Sundaram Finance completes exercise of stock options from 2021 and 2022 grants

Business Desk — Thu, 02 Apr 2026 13:14:49 +0000

Sundaram Finance has announced the exercise of stock options granted in 2021 and 2022 under its Employee Stock Option Scheme (SFESOS) 2008. The exercise date for these options was 2nd April 2026.

The company detailed that the stock options exercised pertain to Grant 13 and Grant 14, which were originally granted on 28th May 2021 and 25th May 2022, respectively. For Grant 13, a total of 400 options were exercised, while Grant 14 saw the exercise of 100 options.

Sundaram Finance has taken appropriate measures to transfer the equity shares from the Sundaram Finance Employees Welfare Trust to the demat accounts of the respective option holders.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Sundaram Finance reports exercise of 80 stock options under ESOP scheme

Kinjal — Fri, 27 Mar 2026 12:44:31 +0000

Sundaram Finance has announced the exercise of 80 stock options under its Employee Stock Option Scheme – 2008 (SFESOS). The options were granted on 25th May 2022 and were exercised on 27th March 2026. This exercise involved a single option holder.

The company has taken appropriate measures to transfer the equity shares from the Sundaram Finance Employees Welfare Trust to the demat account of the option holder.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).