Sundaram Clayton Ltd

The board of Sundaram Clayton at its meeting held on 27 March 2026 has approved the appointment of M Muthulakshmi as Company Secretary and Compliance Officer of the Company with effect from 6 April 2026. She replaces P D Dev Kishan who will be relieved of his duties as the Company Secretary and Compliance Officer of the Company with effect from 5 April 2026 Powered by Capital Market - Live

The board of Sundaram Clayton at its meeting held on 27 March 2026 has accepted the following change directorate: Gopalan stepped down from his position as Chairman of the Company with immediate effect and will continue as Non - Executive Independent Director of the Company. Consequent upon R Gopalan, stepping down as Chairman of the Company, Mr Venu Srinivasan, Chairman Emeritus and Managing Director was re-designated as Chairman and Managing Director of the Company with immediate effect.Powered by Capital Market - Live

Sundaram Clayton announced that the Board of Directors of the Company at its meeting held on 27 March 2026, inter alia, have recommended the interim dividend of Rs 4.5 per equity Share (i.e. 90%) , subject to the approval of the shareholders.

Sundaram Clayton will hold a meeting of the Board of Directors of the Company on 27 March 2026.Powered by Capital Market - Live

The development comes after board approved the resignation of Vivek S Joshi as CEO with effect from 31st march 2026, due to personal reasons. R Venkatesh graduated with a B.E., (Hons.) in mechanical engineering and M.Sc., (Hons.) in economics from BITS, Pilani and M.Sc., in manufacturing systems engineering from the University of Warwick, United Kingdom. Having more than 26 years of rich experience in auto component industry, R Venkatesh has worked in multiple group companies of TVS - Sundaram Clayton group such as (i) the brakes division of TVS Holdings (formerly known as Sundaram - Clayton) which was later transferred to ZF Commercial Vehicle Systems India (five years); (ii) the die-casting division of Sundaram Clayton (9 years); (iii) Harita Seating Systems Limited & Harita Fehrer (10 years). He has worked in various functions in these group companies such as production engineering, business planning, project management, operations, human resources, TQM and driving process improvements and organization capability development in the total quality management journey of the Demerged Undertaking. He is currently working in Sundaram Clayton USA, LLC, subsidiary company as chief operating officer (COO). Sundaram Clayton (SCL) manufactures engineered aluminium die-cast components for the automotive sector. It provides high quality, innovative solutions to global customers in the commercial and passenger vehicle segments. The company's consolidated net loss widened to Rs 51.92 crore in Q3 FY26, compared with net loss of Rs 44.15 crore in Q3 FY25. Net sales fell 6.3% YoY to Rs 501.11 crore in Q3 FY26.Powered by Capital Market - Live

Net Loss of Sundaram Clayton reported to Rs 51.92 crore in the quarter ended December 2025 as against net loss of Rs 44.15 crore during the previous quarter ended December 2024. Sales declined 5.33% to Rs 501.11 crore in the quarter ended December 2025 as against Rs 529.35 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales501.11529.35 -5 OPM %7.147.12 - PBDT12.1714.26 -15 PBT-37.06-31.05 -19 NP-51.92-44.15 -18 Powered by Capital Market - Live

Sundaram Clayton has received affirmation in credit rating on bank facilities at CRISIL AA-; Negative/ CRISIL A1+. The rating on the company's non convertible debentures has been withdrawn. Powered by Capital Market - Live

Sundaram Clayton will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

Sundaram Clayton has acquired 1.63% of the equity share capital of Navia Two Power (Navia) for a total consideration of Rs. 1,16,280/-. Navia is special-purpose vehicle for the purpose of owning and operating a Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws.Powered by Capital Market - Live

Net Loss of Sundaram Clayton reported to Rs 64.35 crore in the quarter ended September 2025 as against net loss of Rs 54.20 crore during the previous quarter ended September 2024. Sales declined 12.06% to Rs 494.75 crore in the quarter ended September 2025 as against Rs 562.60 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales494.75562.60 -12 OPM %3.002.82 - PBDT-7.31-7.39 1 PBT-58.45-47.88 -22 NP-64.35-54.20 -19 Powered by Capital Market - Live