Sundram Fasteners announced that the 61st Annual General Meeting(AGM) of the company will be held on 9 August 2024.Powered by Capital Market - Live News

Sundram Fasteners announced that the Board of Directors of the Company at its meeting held on 22 May 2024, inter alia, have recommended the second interim dividend of Rs 4.17 per equity Share (i.e. 417%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Sundram Fasteners rose 5.69% to Rs 133.55 crore in the quarter ended March 2024 as against Rs 126.36 crore during the previous quarter ended March 2023. Sales rose 1.28% to Rs 1466.48 crore in the quarter ended March 2024 as against Rs 1447.95 crore during the previous quarter ended March 2023.For the full year,net profit rose 5.46% to Rs 521.68 crore in the year ended March 2024 as against Rs 494.69 crore during the previous year ended March 2023. Sales rose 0.06% to Rs 5666.31 crore in the year ended March 2024 as against Rs 5662.75 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1466.481447.95 1 5666.315662.75 0 OPM %15.5715.68 -15.6515.07 - PBDT231.47217.75 6 908.87858.63 6 PBT178.12167.60 6 695.54660.66 5 NP133.55126.36 6 521.68494.69 5 Powered by Capital Market - Live News

Sundram Fasteners will hold a meeting of the Board of Directors of the Company on 22 May 2024Powered by Capital Market - Live News

Sundram Fasteners announced that the Hon`ble National Company Law Tribunal, Chennai Bench has sanctioned the scheme of amalgamation of wholly owned subsidiaries namely Sunfast TVS [First Transferor Company] and TVS Engineering [Second Transferor Company](collectively called as Transferor Companies`) with Sundram Fasteners [Transferee Company] . The Appointed Date of the Scheme is 01 April 2023. Powered by Capital Market - Live News