Sundaram Clayton Limited has made a strategic investment in the renewable energy sector through an additional investment of Rs 7,44,63,409 in Navia Two Power Private Limited. The investment was disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, representing the company's commitment to meeting regulatory requirements while expanding its presence in the renewable energy sector.

Investment Structure and Details

The company acquired equity shares through subscription to Navia's rights issue with a comprehensive financial structure:

Shareholding Impact and Changes

The acquisition has significantly increased Sundaram Clayton's stake in Navia Two Power, demonstrating substantial ownership enhancement:

About Navia Two Power Private Limited

Navia Two Power Private Limited operates as a special-purpose vehicle with focused renewable energy operations:

Strategic Rationale and Compliance

The investment aligns with regulatory compliance requirements for captive power consumption under Indian electricity laws. Navia operates as a special-purpose vehicle of the Zelestra Group, focusing on renewable energy generation to meet captive power plant requirements. The transaction does not fall under related party transactions, and no governmental or regulatory approvals were required for this acquisition.

Financial Track Record

As a recently incorporated entity, Navia's financial performance reflects its early-stage status:

Sundaram-Clayton Limited has announced a board meeting scheduled for March 27, 2026, to deliberate on the declaration of an interim dividend for the financial year ending March 31, 2026. The company has formally notified both BSE and NSE about this upcoming board meeting in compliance with regulatory requirements under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The meeting details and key information are outlined below:

Regulatory Compliance and Trading Window Closure

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 29, the company has provided advance intimation to stock exchanges regarding the board meeting. The notification emphasizes that the board will consider declaring an interim dividend "if any" to shareholders.

As part of compliance with insider trading regulations, Sundaram-Clayton has implemented a trading window closure for designated persons:

Dividend Declaration Process

The company has indicated that specific details regarding the interim dividend will be communicated immediately following board approval. Key parameters that will be disclosed post-meeting include:

• Rate of interim dividend
• Quantum of dividend distribution
• Record date for dividend eligibility
• Payment date for dividend disbursement

Stock Exchange Communication

Sundaram-Clayton Limited, formerly known as Sundaram-Clayton DCD Limited, has its registered office located at "Chaitanya", No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai. The company maintains active listings on both major Indian stock exchanges:

The formal communication was signed by P D Dev Kishan, Company Secretary, ensuring proper authorization and compliance with corporate governance standards. This advance notification demonstrates the company's commitment to transparent communication with shareholders and regulatory adherence.