Sundaram Finance to acquire 100% of Sundaram Alternate Assets Limited
Sundaram Finance (SUNDARMFIN) said it has agreed a deal to acquire 100% of Sundaram Alternate Assets Limited. The company is valued at about ₹45,075 crore.
What happened
In a filing with the NSE on 4 November 2026 at 02:35 PM, Sundaram Finance (SUNDARMFIN) said that it has agreed a deal to acquire 100% of Sundaram Alternate Assets Limited.
From the filing: "Sundaram Finance Limited has informed the Exchange regarding the approval granted for acquisition of 100% stake in Sundaram Alternate Assets Limited from Sundaram Asset Management Company Limited"
Company snapshot
Sundaram Finance is a mid-cap company in the Financial Services sector, with a market value of about ₹45,075 crore.
The stock last traded at ₹4,057, against a 52-week range of ₹3,816–₹5,642 (28.1% below the high).
Before this filing the shares had moved −7.7% over the month and −14.3% over three months. Average daily turnover over the last 20 sessions was about ₹17.55 crore.
Promoters held 37.21% at the end of Q1 FY27. Foreign institutions owned 18.58% and domestic institutions 8.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,349 | 475.2 | 43.12 |
| Q2 FY26 | 2,386 | 488.1 | 44.29 |
| Q3 FY26 | 2,514 | 541.4 | 49.12 |
| Q4 FY26 | 2,560 | 554.2 | 50.28 |
| Q1 FY27 | 2,644 | 636.2 | 57.71 |
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Across 103 similar disclosures by other Financial Services companies, shares moved +0.0% on average the next day and −0.4% over five days; 43% of them rose the next day.
Market-wide, 2,325 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 4 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- India new issue-Sundaram Finance accepts bids for zero-coupon bonds
- Sundaram Finance - Radhakishan Damani portfolio: Top 10 stock holdings of the ace investor
- PEG Ratio 1 to 2 Stocks 2026: Uno Minda, Sundaram Finance
- Sundaram Finance stock in focus after 12.5 billion rupee bond plan
- Sundaram Finance executes stock option exercise under ESOP Grant 15
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.