Sundaram Finance Ltd has informed BSE regarding "Acquisition of 100% stake in Sundaram Alternate Assets Limited from Sundaram Asset Management Company Limited".

SEC:220:2026-27/KCS November 4, 2026 The Manager - Listing National Stock Exchange of India Limited Capital Market – Listing Exchange Plaza, 5th Floor Plot No.C/1, G Block Bandra-Kurla Complex Bandra (E), Mumbai 400 051 Dear Sir, Sub: Disclosure under Reg. 30 read with Sch. III. Part A. Para A of SEBI (LODR) Regulations, 2015 Re: Acquisition of 100% stake in Sundaram Alternate Assets Limited from Sundaram Asset Management Company Limited We wish to inform you that the Board of Directors of the Company has, at its meeting held today, accorded its approval for the proposed acquisition of 100% stake in Sundaram Alternate Assets limited (SAAL), a wholly-owned subsidiary of Sundaram Asset Management Company Limited (SAMCL), which in turn is a wholly-owned subsidiary of the Company. The proposed acquisition shall be subject to necessary regulatory approvals. Upon completion of the proposed acquisition, SAAL shall become a wholly-owned subsidiary of the Company. Details as required in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015 as amended, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are annexed to this letter as Annexure. The Board Meeting commenced at 10.00 A.M. and concluded at 02.20 P.M. Thanking you, Yours truly, For Sundaram Finance Limited P.N. Srikant CCO & Company Secretary Encl: CC: The Corporate Relationship Manager, Dept. of Corporate Services, Bombay Stock Exchange Limited Floor 25, P J Towers, Dalal Street, Mumbai 400 001 Annexure Disclosure under sub-para (7) of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details a) Name of the target entity, details in brief Name of Target Entity: Sundaram Alternate Assets such as size, turnover etc. Limited Details: ₹ in lakhs Particulars FY 2025-26 30.09.2026* Revenue 15,340.66 9,936.31 From Operations Profit Before 3,348.67 2,747.77 Tax (PBT) Profit After 2,569.45 2,107.66 Tax (PAT) Net worth 4,397.94 5,967.36 No. of 3,90,53,158 3,90,53,158 Shares *unaudited. b) Whether the acquisition would fall within The acquisition is a transaction between Sundaram related party transaction(s) and whether the Finance Limited (SFL), holding company, and promoter/ promoter group/ group Sundaram Asset Management Company Limited companies have any interest in the (SAMCL), wholly-owned subsidiary company. entity being acquired? If yes, nature of Hence, the transaction does not require the prior interest and details thereof and whether the approval of the Audit Committee of SFL, as per Reg. same is done at “arm’s length” 23(5)(b) of the SEBI (LODR) Regulations, 2015. However, the transaction is being done at arm’s length. Mr. Harsha Viji, Executive Vice-Chairman and member of the Promoter Group, who is also the Chairman of SAAL, is interested in the entity being acquired to the extent of his directorship in that entity. c) Industry to which the entity being acquired Alternate Investment Fund and Portfolio belongs Management Services. d) Objects and impact of acquisition (including In order to simplify the group shareholding structure, but not limited to, disclosure of reasons for it is proposed to acquire the entire shareholding of acquisition of target entity, if its business is 3,90,53,158 equity shares of ₹10/- each held by outside the main line of business of the SAMCL in SAAL, so as to make SAAL a direct listed entity) subsidiary of SFL, instead of a step-down subsidiary. e) Brief details of any governmental or Yes regulatory approvals required for the acquisition The acquisition will require the approval of the Securities and Exchange Board of India under the SEBI (Mutual Fund) Regulations, 2026, SEBI (Portfolio Managers) Regulations, 2020 and SEBI (Alternative Investment Funds) Regulations, 2012, respectively. f) Indicative time period for completion of the 31st March, 2027 acquisition g) Consideration - whether cash consideration Cash consideration or share swap or any other form and details of the same h) Cost of acquisition and/or the price at which The acquisition is proposed to be made at a cost not the shares are acquired exceeding ₹75 cr. (excluding stamp duty, taxes and other charges, if any) i) Percentage of shareholding / control 100%, represented by 3,90,53,158 shares of ₹ 10 acquired and / or number of shares acquired each. j) Brief background about the entity Sundaram Alternate Assets Limited (SAAL), is an acquired in terms of products/line of Indian Company incorporated under the Companies business acquired, date of incorporation, Act, 2013 on 24th January, 2018, under CIN: history of last 3 years turnover, country in U65990TN2018PLC120641. which the acquired entity has presence and any other significant information. SAAL, a wholly-owned subsidiary of Sundaram As- set Management Company Limited (SAMCL), is engaged in the management of Alternate Invest- ment Fund and Portfolio Management Services. They cater to the investment needs of High Net- worth Individuals (HNIs), Ultra-High Net-worth Indi- viduals (UHNIs), family offices & institutions. The operations of the Company are based in India. ₹ in lakhs Particulars 2023-24 2024-25 2025-26 Revenue From 10,835.01 12,373.58 15,340.66 Operations Profit Before Tax 2,400.66 2,506.04 3,348.67 (PBT) Profit After Tax 1,830.19 1,949.53 2,569.45 (PAT)