Trichur Sundaram Santhanam & Family Private Limited agreed to acquire 10% stake in Sundaram Composite Structures Private Limited from Sundaram Finance Holdings Limited (NSEI:SUNDARMHLD) for INR 47.2 million on May 24, 2023. Sundaram Finance Holdings' Board of Directors approved the sale. The transaction expected to be completed by June 20, 2023.

Trichur Sundaram Santhanam & Family Private Limited completed the acquisition of 10% stake in Sundaram Composite Structures Private Limited from Sundaram Finance Holdings Limited (NSEI:SUNDARMHLD) during the quarter ended June 30, 2023.