Sundram Fasteners Ltd Company History

The Company was incorporated on 10th December, in Chennai as a

private limited company under the name Kasjax Engineering Ancillaries

Pvt. Ltd. The Company is a member of the `TVS' Group.

The main objective of the company is to manufacture high tensile

fasteners, cold formed/extruded parts for auto and non-auto

applications and automotive powder metal parts.

The name was changed to Sundram Fasteners (P) Ltd., on 13th July.

280,000 bonus shares issued in proportion 2:5.

6,53,333 bonus equity shares issued in prop. 2:3. 15,55,555 No. of

equity shares offered through prospectus (prem. Rs 4 per share) in Feb.

1982. Out of these, 71,125 shares reserved for employees, 31,250

shares reserved for directors, etc. and the balance 14,53,180 shares

offered for public subscription.

The objects of the public issue of capital in 1982 were to offer at

least 49% of the equity capital of the Company to the public.

The Company issued 15% non-convertible redeemable debentures of Rs

600 lakhs on private placement basis to financial institutions and

allotted them in April as follows: (i) Rs 100 lakhs to ICICI, (ii) Rs

200 lakhs to LIC, (iii) Rs 200 lakhs to UTI and (iv) Rs 100 lakhs to

GIC and four of its subsidiaries.

19,13,332 bonus shares issued in prop. 3:5.

The Company issued 10,00,000 - 14% secured redeemable non-convertible

debentures of Rs 100 each on private placement basis to LIC, UTI,

ICICI, GIC and its subsidiaries and Army Group Insurance Fund.

The Company had set up an export oriented unit for manufacture of

radiator caps, oil filler caps and petrol filler caps for supplying

them to General Motors, U.S.A.

Pursuant to the order of the BIFR, Odin Metal Powders Ltd. (ODIN)

amalgamated with the Company. As per the Scheme of Amalgamation, 5,611

No. of equity shares of Rs 10 each of the Company were allotted to the

erstwhile shareholders of ODIN.

Sundaram fasteners Investments Ltd., Sundaram Telematics Ltd.,

Sundaram Numeric Ltd., Aplomb Investments Ltd. are subsidiaries of the

company.

A project for manufacture of socket head cap screws was set up at

Pondicherry.

The Company has made an entry into the area of power generation by

installing a 2 MW Wind Farm at Muppandal (T.N.).

51,07,831 No. of equity shares of Rs 10 each allotted as fully paid

bonus shares to the shareholders in ratio of 1:1.

1,000 No. of equity shares of Rs 10 each allotted subsequent to RBI

approval.

SFL signed an agreement with the US auto giant General Motors (GM) to

supply its entire requirement of radiator caps.

Sundram Fasteners has two subsidiaries too, Sundram Telematics Ltd, a

100 per cent export-oriented unit (EOU) for development of GSM software

for use in mobile communications, and Sundram Numeric Pvt. Ltd, also a

100 per cent EOU for export of software used in CNC machines.

Sundram Fasteners has set up a warehouse in Tory (Michigan) which,

being on-line with all GM plants, despatches supplies the moment an

order is placed.

Sundram Fasteners Ltd. (SFL) has bagged the automotive component

manufacturer's (ACMA) award for the year ended March, SFL is receiving

the award for the second time.

The company entered into a technical collaboration agreement with

Dura Automotive Group, USA for the manufacture of Gear shifters and

parking brake assemblies for automobiles.

Goodwill earned by, Sundram Fasteners Ltd (SFL) by bagging the

supplier of the year award for the second consecutive year is all set

to help other TVS group companies.

Sundram Fasteners Ltd. (SFL) has won the `Supplier of the Year' award

from General Motors Corporation of the US for the third successive year

for its supply of radiator caps to the auto major.

General Motors India Ltd. (GMIL) is exploring the possibility of

sourcing more components for the `Astra' and the new `Corsa' models

from TVS group company Sundram Fasteners (SFL).

The Company has won General Motros' `Best of the Best' suppliers of

the year award for the fourth consecutive year.

The ACMA Export Trophy for '99-00 has been awarded to Sundram

Fasteners for excellence in export performance.

The name of Sundram Numeric Ltd, a subsidiary, has been changed to

TVS Infotech Ltd with effect from 13th October.

Crisil has reaffirmed the P1+ rating assigned to the Rs 85-crore

short-term debt issue of Sundram Fasteners Ltd.

Sundram Fasteners Ltd., the Chennai-based automotive components

manufacturer, has won the General Motors Corporation's `Supplier of the

year' award for the fifth consecutive year for calender 2000.

The Director of Sundram Fasteners Ltd, Shri S L Narayana passed away on Feb 15th.

SFL records 16% growth in the turnover in the first five months of the current financial year.

Approval to amalgamate the subsidiary company, TVS Autolec Limited with the Company.

The Equity shares of the company having a nominal face value of Rs 10 per share be subdivided into equity shares of having a nominal face value of Re 1 per share.

The authorised share capital of the company be increased from Rs 120 million to Rs 250 million.

Cramlington Precision Forge Ltd (CPFL), a 100% subsidiary of Sundram Fasteners Ltd (SFL), has acquired the precision forgings business of Dana Spicer Europe Ltd (DSEL) on December 19, 2003. The business is located at Cramlington, Northumberland, UK.

The Scheme of Amalgamation proposed to be made between TVS Autolec Limited with Sundaram Fasteners Limited.

Sundram Fastners - RBI Autoparts SDN BHD has become a subsidiary of TVS Autolec Ltd

Sundram Fasteners Ltd (SFL), a TVS group company, opened its first offshore facility in Haiyan county of China

Sundram Fasteners Ltd (SFL) gets outsourcing quality achievement award for the year 2003, from Saturn Spring Hill Manufacturing Company, a subsidiary of General Motors.

The Company has issued Bonus Shares in the Ratio of 1:1.

Sundram Fasteners Ltd has appointed Sri. M Raghupathy IAS (Retd.) as an additional director (independent director) on the Board of Directors of the Company with effect from June 06, 2008

Sundram Fasteners Ltd has approved payment of interim dividend @ Rs 0.50 per share

Sundram Fasteners Ltd has approved payment of interim dividend @ Rs. 0.40 per equity share

Sundram Fasteners Ltd has approved payment of second interim dividend @ Rs 0.70 per share

Sundram Fasteners Ltd has approved payment of interim dividend @ Rs. 0.60 per share

The Company appointed Ms. Arundathi Krishna as Managing Director of the Company till 2018.

The Company has approved payment of second interim dividend @ Re. 0.80 per share of the face value of Re. 1 each.

The Company has approved payment of second interim dividend @ Re. 0.70 per share of the face value of Re. 1 each.

The Company has approved payment of second interim dividend @ Re. 1 per share of the face value of Re. 1 each.

Sundaram Fasteners acquired Equity Shares in TVS Infotech Limited.

The Company has approved payment of second interim dividend @ Re. 0.85 per share of the face value of Re. 1 each.

Acquisition of Equity Shares in TVS Infotech Limited.

"Acquisition of Equity Shares in Blisslogix Technology Solutions Private Limited by TVS Infotech Limited, a subsidiary of the Company".

"Acquisition of Equity Shares in TVS Infotech Limited".

Sundram Fasteners has acquired 16,80,000 equity shares from Bleistahl Produktions GmbH & Co.

Sundram Fasteners has won the prestigious Deming Prize for all its seventeen plants located in India.

SFL bags CII’s Innovative Companies Award.

Sundram Fasteners part of the USD 8.5 billion TVS Group, has set up a unit to produce high precision engineering components for giving an impetus to its exports.

"Commencement of Commercial Production at its new plant situated at SEZ Unit, Sri City, Andhra Pradesh".

"Sundram Fasteners (Powertrain Components Division) recognized by General Motors Supplier of the Year Award 2020".

The Company received Supplier of the Year award in 2023.

The company has won the biggest EV contract in its 60-year history.