Sundram Fasteners Ltd
NSE: SUNDRMFAST BSE: 500403
₹873.15
(-4.00%)
Wed, 11 Mar 2026, 02:37 am
Market Cap184.53B
PE Ratio33.10
Dividend0.91
Producer Manufacturing
Auto Parts: OEM
24.5KCompany History
1962
- Incorporated on December 10 in Chennai as Kasjax Engineering Ancillaries Pvt. Ltd., member of TVS Group.
- Main objectives: manufacture high tensile fasteners, cold formed/extruded parts for auto/non-auto applications, automotive powder metal parts.
1965
- Changed name to Sundram Fasteners (P) Ltd. on July 13.
1978
- Issued 280,000 bonus shares in 2:5 proportion.
1981
- Issued 653,333 bonus equity shares in 2:3 proportion.
- Offered 1,555,555 equity shares through prospectus at Rs. 4 premium in February 1982: 71,125 for employees, 31,250 for directors, balance for public.
1982
- Public issue offered at least 49% of equity capital to the public.
1986
- Issued 15% non-convertible redeemable debentures of Rs. 600 lakhs on private placement: ICICI Rs. 100 lakhs, LIC Rs. 200 lakhs, UTI Rs. 200 lakhs, GIC and subsidiaries Rs. 100 lakhs.
1988
- Issued 19,13,332 bonus shares in 3:5 proportion.
1989
- Issued 1,000,000 14% secured redeemable non-convertible debentures of Rs. 100 each on private placement basis.
1992
- Set up export-oriented unit for radiator caps, oil filler caps and petrol filler caps for General Motors, USA.
- Amalgamated with Odin Metal Powders Ltd and allotted 5,611 equity shares to its shareholders.
1993
- Set up project for socket head cap screws at Pondicherry.
1994
- Installed 2 MW wind farm at Muppandal, Tamil Nadu.
1995
- Allotted 51,07,831 fully paid bonus equity shares in 1:1 ratio.
1997
- Allotted 1,000 equity shares subsequent to RBI approval.
- Signed agreement with General Motors to supply radiator caps.
- Set up warehouse in Troy, Michigan for General Motors.
- Received ACMA award for year ended March.
1998
- Entered technical collaboration with Dura Automotive Group, USA for gear shifters and parking brake assemblies.
- Bagged supplier of the year award for second consecutive year.
1999
- Won General Motors Supplier of the Year award for third successive year.
- General Motors India explored sourcing more components for Astra and Corsa models.
2000
- Won General Motors Best of the Best suppliers award for fourth consecutive year.
- Received ACMA Export Trophy for 1999-2000.
- Subsidiary Sundram Numeric Ltd renamed TVS Infotech Ltd effective October 13.
2001
- Crisil reaffirmed P1+ rating for Rs. 85 crore short-term debt issue.
- Won General Motors Supplier of the Year award for fifth consecutive year.
2003
- Director Shri S. L. Narayana passed away on February 15.
- Achieved 16% growth in turnover in first five months of financial year.
- Received approval to amalgamate subsidiary TVS Autolec Limited.
- Subdivided equity shares from Rs. 10 to Re. 1 per share.
- Increased authorised share capital from Rs. 120 million to Rs. 250 million.
- Cramlington Precision Forge Ltd acquired precision forgings business of Dana Spicer Europe Ltd on December 19.
2004
- Proposed scheme of amalgamation of TVS Autolec Limited with the Company.
- RBI Autoparts SDN BHD became subsidiary of TVS Autolec Ltd.
- Opened first offshore facility in Haiyan county, China.
- Received outsourcing quality achievement award for 2003 from Saturn Spring Hill Manufacturing Company.
2007
- Issued bonus shares in 1:1 ratio.
2008
- Appointed Sri. M. Raghupathy IAS (Retd.) as additional independent director effective June 6.
2009
- Approved interim dividend of Rs. 0.50 per share.
2010
- Approved interim dividend of Rs. 0.40 per share.
2011
- Approved second interim dividend of Rs. 0.70 per share.
2012
- Approved interim dividend of Rs. 0.60 per share.
2013
- Appointed Ms. Arundathi Krishna as Managing Director till 2018.
- Approved second interim dividend of Re. 0.80 per share.
- Approved second interim dividend of Re. 0.70 per share.
2014
- Approved second interim dividend of Re. 1 per share.
- Acquired equity shares in TVS Infotech Limited.
- Approved second interim dividend of Re. 0.85 per share.
2015
- Acquired equity shares in TVS Infotech Limited.
2016
- TVS Infotech Limited acquired equity shares in Blisslogix Technology Solutions Private Limited.
- Acquired equity shares in TVS Infotech Limited.
2017
- Acquired 1,680,000 equity shares from Bleistahl Produktions GmbH & Co.
2018
- Won Deming Prize for all seventeen plants in India.
2020
- Received CII’s Innovative Companies Award.
- Set up unit to produce high precision engineering components to boost exports.
- Commenced commercial production at new SEZ plant in Sri City, Andhra Pradesh.
2021
- Powertrain Components Division recognized by General Motors with Supplier of the Year Award 2020.
2023
- Received Supplier of the Year award.
- Won the biggest EV contract in its 60-year history.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800