Sundram Fasteners Limited has informed the exchanges that its promoter, TVS Sundram Fasteners Private Limited, has submitted a disclosure under Regulation 31(4) of the Securities and Exchange Board of India Takeover Regulations. The filing confirms that no encumbrance was created on the company's shares during the financial year ended March 31, 2026. The promoter filed the declaration on behalf of itself and 14 entities that form part of the promoter group.
The disclosure was submitted to the National Stock Exchange of India and BSE Limited. Regulation 31(4) mandates that promoters submit an annual declaration on whether any shares held in the target company were encumbered during the financial year. The declaration was signed by Suresh Krishna, Director of TVS Sundram Fasteners Private Limited.
The promoter group includes individuals Suresh Krishna, Suresh Krishna HUF, Usha Krishna, Arathi Krishna, Arundathi Krishna, and Preethi Krishna. The Sundaram 2020 Family Trust is also part of the group. Corporate entities include Upasana Properties Private Limited, UFL Properties Private Limited, Lakshminarayana Ancillaries Private Limited, and Upasana Private Limited.
Trusts SK Bharani 1 Family Private Trust, SK Bharani 2 Family Private Trust, and UK Hastham Family Private Trust are also part of the promoter group. The declaration states that no direct or indirect encumbrance was made on the promoter group's shares in Sundram Fasteners during the fiscal year. Encumbrance includes pledges, liens, and other forms of charge on shares.
The filing confirms compliance with the SEBI Takeover Regulations for the year ended March 31, 2026. TVS Sundram Fasteners Private Limited is the promoter entity for Sundram Fasteners, which manufactures fasteners, powertrain components, and other auto parts for automotive and industrial applications.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.