Sundaram Finance Holdings Limited, established in 1954, operates primarily in investments, business processing, and support services as a Core Investment Company (CIC) exempt from RBI registration. Over the years, it has engaged in strategic mergers and acquisitions, significantly enhancing its investment portfolio and financial services footprint. Notably, in 2016, it increased its stake in Royal Sundaram General Insurance Co. Limited to 75.90%, making it a subsidiary. The company has also been active in raising substantial funds through non-convertible debentures, term loans, and securitization, reflecting robust financial maneuverability.
The company underwent significant restructuring and capital management, including a capital reduction and divestment of its stake in BNP Paribas Sundaram Global Securities Operations. In 2018, a scheme of amalgamation led to a reduction in its shareholding in SFHL, which became an associate. In 2023, its stake in Wheels India Limited slightly increased due to the merger of Sundaram Hydraulics Limited. These strategic decisions highlight Sundaram Finance Holdings' focus on optimizing its investment portfolio and expanding its financial services capabilities.
