SUNCLAY

** Shares of Sandhar Technologies SNTL.NS up 3.5% to 397.6 rupees
** Automotive parts maker's unit to acquire high-pressure and low-pressure aluminium die casting business of Sundaram Clayton SUNM.NS for 1.63 bln rupees ($19.1 mln)
** Shares of Sundaram Clayton up 1%
** SNTL down ~22% YTD, after gaining 3.1% in 2024

($1 = 85.5700 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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March 27 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• TO ACQUIRE HIGH PRESSURE, LOW PRESSURE ALUMINIUM DIE CASTING BIZ OF SUNDARAM-CLAYTON

• COST OF ACQUISITION IS 1.63 BILLION RUPEES

Source text: ID:nBSE5ZzwBb

Further company coverage: SNTL.NS

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March 17 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• SUNDARAM CLAYTON - APPROVED A PROPOSAL FOR SALE OF HOSUR PLANT TO SANDHAR ASCAST

Source text: ID:nNSE40LrJc

Further company coverage: SUNM.NS

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Feb 19 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• SUNDARAM-CLAYTON APPROVES SALE OF ALUMINIUM DIE-CASTING BUSINESSES

• APPROVED SALE OF ALUMINIUM DIE-CASTING BUSINESSES AT ITS HOSUR PLANT

Source text: ID:nBSE5ghqGj

Further company coverage: SUNM.NS

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By Vivek Kumar M and Bharath Rajeswaran

Feb 12 (Reuters) - MSCI added a lone Indian company, carmaker Hyundai Motor India HYUN.NS, to its Global Standard index late on Tuesday and removed Adani Green Energy ADNA.NS as part of its February 2025 index rejig.

The change will come into effect on the market's close on February 28.

In its previous index reconstitution in November, MSCI had added five domestic companies into the global standard index, lifting India's weightage to nearly 20% in the gauge that tracks emerging markets.

The quarterly rebalancing, which was announced overnight, also saw 20 Indian stocks added to MSCI India Domestic Smallcap Index, including Ola Electric Mobility OLAE.NS, Sundaram Clayton SUNM.NS and Zaggle Prepaid Ocean Services ZAGG.NS, among others.

However, 17 stocks were deleted from the MSCI Smallcap index.

According to IIFL Capital, the MSCI rejig could lead to a net passive inflow of about $850 million to $1 billion into Indian markets.

Private lender IndusInd Bank INBK.NS, which is already part of the global standard index, saw a weight increase, according to IIFL Capital.

While MSCI added and removed one Indian stock from the global standard indexes, it added eight stocks from China and deleted 20 stocks from the world's second-largest economy.

Overall, 23 securities will be added and 107 securities deleted from the MSCI global standard indexes as part of the review.

(Reporting by Vivek Kumar M and Bharath Rajeswaran in Bengaluru)

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Jan 31 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• SUNDARAM CLAYTON LTD - SCL COMMENCES OPERATIONS DIE-CASTING FACILITY

• SUNDARAM CLAYTON LTD - SCL COMMENCES OPERATIONS IN NEW MANUFACTURING FACILITY IN TAMIL NADU

Source text: ID:nBSE7YV8qP

Further company coverage: SUNM.NS

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Nov 12 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• SUNDARAM CLAYTON SEPT-QUARTER CONSOL NET LOSS 542 MILLION RUPEES

• SUNDARAM CLAYTON SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.63 BILLION RUPEES

Further company coverage: SUNM.NS

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Aug 9 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• SUNDARAM CLAYTON LTD JUNE-QUARTER CONSOL NET LOSS 558.5 MILLION RUPEES

• SUNDARAM CLAYTON LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.80 BILLION RUPEES

Further company coverage: SUNM.NS

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May 10 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• MARCH-QUARTER PROFIT 207.3 MILLION RUPEES VERSUS PROFIT 176.1 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 5.32 BILLION RUPEES VERSUS 5.11 BILLION RUPEES

Source text for Eikon: ID:nBSEc1VX4d

Further company coverage: SUNM.NS

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March 26 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• DIVIDEND 5.15 RUPEES PER SHARE

Source text for Eikon: ID:nBSE71fSrT

Further company coverage: SUNM.NS

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Jan 8 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• HAS ENTERED INTO MOU WITH TAMIL NADU GOVERNMENT FOR INVESTMENT OF 5 BILLION RUPEES IN 5 YEARS

Further company coverage: SUNM.NS

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Jan 2 (Reuters) - Sundaram Clayton Ltd SUNM.NS:

• SUNDARAM CLAYTON LTD - GETS TAX DEMAND NOTICE FOR 144.04 MILLION RUPEES

• SUNDARAM CLAYTON LTD - PENALTY OF 7.08 MILLION RUPEES

• SUNDARAM CLAYTON LTD - GETS TAX DEMAND NOTICE FROM JOINT COMMISSIONER OF COMMERCIAL TAX OFFICER, CHENNAI

Source text for Eikon: [ID:]

Further company coverage: SUNM.NS

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