Sundaram Clayton Ltd Share Price

Summary

Sundaram Clayton Limited was initially incorporated as a private limited company as TVS Commodity Financial Solutions Private Limited dated August 29, 2017 issued by the Registrar of Companies. The name of the Company was changed to Sundaram - Clayton DCD Private Limited and a fresh certificate of incorporation dated February 8, 2022 was issued by the Registrar of Companies. Subsequently, the Company was converted from a private limited to a public limited company and renamed as Sundaram - Clayton DCD Limited dated February 24, 2022. Further, the name was changed to Sundaram-Clayton Limited pursuant to the Composite Scheme of Arrangement approved by the Honble NCLT, Chennai vide its order dated March 6, 2023, and a fresh certificate of incorporation dated August 30, 2023 was issued by the Registrar of Companies.The Demerged Undertaking (Die-Casting Division) was part of erstwhile Sundaram-Clayton Limited (now known as TVS Holdings Limited) and is one of the largest auto components manufacturing and distribution groups in India and is also a leading supplier of aluminium die castings to automotive and non-automotive sector. The said die casting business is in operation from the year 1962 and has achieved many milestones and emerged as one of the preferred solution providers in machined and sub-assembled aluminium castings. The contribution commences from early design stage to development and supply of finished product. Over the years, it has built strategic partnership with gl
Read More