India Motor Parts & Accessories Limited Confirms No Share Encumbrance in Sundaram Finance for FY26

1 min read     Updated on 01 May 2026, 10:22 AM
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AI Summary

India Motor Parts & Accessories Limited has submitted its annual regulatory declaration under SEBI Regulation 31(4), confirming no encumbrance of shares held in Sundaram Finance Limited during FY26. The declaration, dated 2nd April, 2026, was filed by Company Secretary R Swetha from Chennai, fulfilling mandatory disclosure requirements for promoter group entities under SEBI takeover regulations.

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India Motor Parts & Accessories Limited has filed its mandatory annual declaration with regulatory authorities, confirming no encumbrance of shares held in Sundaram Finance Limited during the financial year 2025-26. The declaration was submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Declaration

As a promoter group entity of Sundaram Finance Limited, India Motor Parts & Accessories Limited submitted the required annual disclosure confirming that no encumbrance was made on their shareholding during FY26 or earlier periods. The declaration ensures compliance with SEBI's transparency requirements for substantial shareholders.

Parameter: Details
Filing Date: 2nd April, 2026
Regulation: SEBI Regulation 31(4)
Filing Location: Chennai
Authorized Signatory: R Swetha, Company Secretary
Relationship: Promoter Group Entity

Declaration Scope

The annual declaration covers the complete financial year 2025-26 and confirms that India Motor Parts & Accessories Limited has not created any direct or indirect encumbrance on shares held in Sundaram Finance Limited. This includes any pledging, hypothecation, or other forms of security creation against the shareholding.

Regulatory Framework

Under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, promoter group entities are required to make annual declarations regarding any encumbrance of shares. This regulatory requirement ensures transparency in shareholding patterns and protects investor interests by maintaining clear disclosure of any restrictions or charges on promoter holdings.

The declaration was duly authorized by Company Secretary R Swetha and filed from Chennai, confirming the company's commitment to regulatory compliance and transparent corporate governance practices.

Historical Stock Returns for Sundaram Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.08%-7.49%-1.02%-2.28%-13.04%+80.59%

Will India Motor Parts & Accessories Limited maintain its unencumbered shareholding strategy in Sundaram Finance amid potential market volatility in FY27?

Could this clean shareholding position indicate potential strategic moves or increased investment by the promoter group in Sundaram Finance?

How might this transparent compliance record influence institutional investor confidence in Sundaram Finance's governance standards?

Sundaram Finance Limited Confirms No Share Encumbrance by Promoters and Promoter Group for FY26

2 min read     Updated on 23 Apr 2026, 04:39 AM
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AI Summary

Sundaram Finance Limited has disclosed under SEBI regulations that its promoters and promoter group members, collectively holding 4,13,38,283 shares (37.21% stake), have not encumbered any shares during FY26 or earlier periods. The disclosure was signed by promoter group member Harsha Viji and submitted to NSE on April 2, 2026, confirming compliance with regulatory requirements and providing transparency about promoter shareholding stability.

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Sundaram Finance Limited has submitted a regulatory disclosure to the National Stock Exchange confirming that its promoters and promoter group members have not made any encumbrance of their shareholdings during the financial year 2025-26 or earlier periods. The disclosure was made under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Declaration

The disclosure letter, dated April 2, 2026, was signed by Harsha Viji, a person belonging to the promoter group of Sundaram Finance Limited. In the formal communication to the exchange, Viji confirmed on behalf of all promoters and promoter group members that no shares held by them in the company have been encumbered, either directly or indirectly, during the specified period.

Promoter and Promoter Group Holdings

As of March 31, 2026, the promoter and promoter group of Sundaram Finance Limited collectively hold significant stake in the company. The detailed shareholding pattern reveals a diverse ownership structure among family members, Hindu Undivided Families (HUFs), and related corporate entities.

Key Individual Holdings

Name Category No. of Shares Percentage
Mr Srivats Ram Promoter 17,01,322 1.53%
Mr Harsha Viji Promoter Group 18,05,692 1.63%
Mrs Nivedita Ram Promoter 16,49,516 1.48%
Mr Sriram Viji Promoter Group 12,78,620 1.15%
Mr S. Viji Promoter 12,75,704 1.15%

Corporate Entity Holdings

Several private limited companies within the promoter group maintain substantial shareholdings in Sundaram Finance Limited:

Entity No. of Shares Percentage
India Motor Parts & Accessories Limited 28,98,600 2.61%
Raghuvamsa Holdings Private Limited 18,51,634 1.67%
Uthirattadhi Sriram Holdings Private Limited 14,79,560 1.33%
Silver Oak Holdings Private Limited 14,36,914 1.29%
Rohini Holdings Private Limited 12,94,362 1.17%

Total Promoter Shareholding

The comprehensive list includes 100 entities comprising individual promoters, promoter group members, HUFs, and corporate entities. The total promoter and promoter group shareholding stands at 4,13,38,283 shares, representing 37.21% of the company's total paid-up share capital.

Significance of the Disclosure

This regulatory filing demonstrates the company's commitment to transparency and compliance with SEBI regulations. The confirmation of no encumbrance on promoter shares provides assurance to investors about the stability of the promoter shareholding and absence of any pledging or hypothecation of shares that could potentially impact control or governance of the company.

Historical Stock Returns for Sundaram Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.08%-7.49%-1.02%-2.28%-13.04%+80.59%

Will Sundaram Finance's promoters consider increasing their shareholding beyond the current 37.21% stake in the coming quarters?

How might the unencumbered promoter holdings impact Sundaram Finance's ability to raise capital or pursue strategic acquisitions in FY 2026-27?

Could the stable promoter shareholding structure make Sundaram Finance a potential target for institutional investors or strategic partnerships?

More News on Sundaram Finance

1 Year Returns:-13.04%