Board Meeting Outcome for Outcome Of Board Meeting Held On March 29, 2025 For Allotment Of Sweat Equity Shares.

• Security Code: 533166
• Company: SUNDARAM

Subject to the receipt of in-principle approvals from BSE Limited and National Stock Exchange of India Limited, the Board of Directors have approved the allotment of 1,75,46,584 (One Crore Seventy Five Lakhs Forty Six Thousand Five Hundred and Eighty Four only) Sweat Equity Shares to Mr. Amrut Premji Shah, Managing Director and Chairman of the company and 1,75,46,584 (One Crore Seventy Five Lakhs Forty Six Thousand Five Hundred and Eighty Four only) Sweat Equity Shares to Mr. Shantilal Premji Shah, Whole-Time Director of the company pursuant to the Ordinary Resolution passed at the Extra-Ordinary General Meeting held on February 24, 2025.