Corporate Announcement
Security Code : 533166    Company : SUNDARAM    
 
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  Exchange Received Time  27/09/2017 17:37:15         Exchange Disseminated Time   27/09/2017 17:37:18              Time Taken   00:00:03
We wish to inform you that subsequent to the approval accorded by the Board of Directors of the company at its meetings held on September 26, 2017 wherein Preliminary Placement Documents was approved and after receipt of In principle approval of NSE and BSE vide letter dated September 26, 2017 and inter alia approved the following:

a. Authorizing the opening of the QIP on September 27, 2017.
b. Approval of Floor Price for the QIP.
We further wish to inform you that the 'Relevant Date' for this purpose, in terms of Regulation 81(c)(i) of the SEBI ICDR Regulations, is September 27, 2017.
We request you to kindly take the same on your record and same be treated as compliance under applicable clause of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
 

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