SUNDARMFINNSE10 August 2021

Sundaram Finance Limited has informed the Exchange about Investor Presentation

Sundaram Finance Limited

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PERFORMANCE HIGHLIGHTS

Q1FY22

CONTENTS

Overview of Sundaram Finance

Financial results & performance

Key trends in financial performance

Consolidated results

More about Sundaram Finance

01 Overview of Sundaram Finance

OUR VISION, MISSION AND PHILOSOPHY

Service

Vision

To be the most respected NBFC in the country

Mission

To deliver the “Sundaram experience” to all our customers, big and small, in keeping with the ethos of the company

Growth Quality Profitability

THE SUNDARAM WAY

Service To be of service even when time is against you

Discipline To know that discipline is your ally in all situations

Prudence To be the voice of prudence in the midst of chaos

Fair play To stand for fair play when the odds are stacked against you

Humility To realise that humility is the greatest virtue

Honesty To believe that honesty is the only policy

Openness To be open to scrutiny, anywhere, anytime

Integrity To put integrity about all else

Relationships To know that we are not merely the holders of people’s money; but more importantly the custodians of their trust

THE SF GROUP

AUM

29,823

6,971

9,038

42,621

Branches

Employees

Customer count

597

158

107

4,191

2,320

760

359

530,847

27,13,325

39,894

10,20,766

Joint Venture with Ageas Insurance International NV

100% subsidiary

Group

88,453

947

7,630

43,04,832

STRATEGIC SOURCES OF DISTINCTIVENESS

67-year heritage of trust and prudence

Pioneer of hire-purchase finance in India

Diversified financial services group across lending, general insurance, home finance and asset management with total AUM of nearly Rs.90,000 cr.

Lending business focused on the underserved but aspiring Indian entrepreneur (road transport operator, infrastructure contractor, small farmer, MSME owner)

Legacy of deep customer connect and loyalty with over 85% renewal rate across offerings

Technology-enabled and data-powered approach to a high-touch customer approach

Consistent best-in-class asset quality performance over decades

PRODUCT OFFERINGS

Asset Finance

Commercial lending

Working capital finance

Distribution

• Cars

• Commercial vehicles

• Construction equipment

• Leasing

• NBFC

• SME

• Tractors and farm equipment

• Supply chain financing

• Used vehicles

• Diesel

•

Insurance

• Tyre

• General insurance

• Home loans

•

Investment services

• Life insurance

• Mutual funds

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Receivables Under Management

₹ in Crore

35,088 35,736

33,447

28,648

24,036

20,699

17,645 18,158 18,734

15,540

12,354

2,259

2,670

3,093

7,327

4,488

5,452

8,925

9,204 10,219

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

PAT

443

454

477

495

563

410

355

171

89 82

100

213

136

151

295 39

256

227 26

201

₹ in Crore

1126

522

809

724 53

671

604

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Exceptional item

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Market Capitalization

₹ in Crore

28,560

17,940 18,634

17,318

16,859

14,450

13,366

240

256

533

782

1,078 1,099 1,602

917

2,096 2,722

7,359

5,265

3,645

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Return on Equity %

24.5

22.8

22.1

20.7

21.4

21.2

19.7

17.6

18.4

13.7

12.6

11.9

11.0

9.9

8.6

15.2

14.0

14.3

13.7

13.8

Mar-02 Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

02 Financial results & performance

OVERALL HIGHLIGHTS OF FINANCIAL PERFORMANCE

As of 30th June 2021

AUM

Gross Stage 3

Cost-to-income

₹29,823 Crores

4.25%

31.5%

ROA

2.2%

ROE

12.2%*

1% growth over Jun 20

2.44% in Jun 20

31.6% in Q1FY21

1.9% in Q1FY21

11.7% in Q1FY21

*Core ROE (excluding investments in subsidiaries) at 16.7% vs. 16.4%

14 14

HIGHLIGHTS – GROWTH

Growth in disbursements was strong as economic activity continued on account of staggered lockdowns in Q1 FY22 compared to a national lockdown in Q1 FY21

Disbursements for Q1FY22 recorded a growth of 122% to ₹2,060 crores as compared to ₹929 crores registered in the corresponding quarter of the previous year.

The assets under the management stood at ₹29,823 crores as on 30th June 2021 as against ₹29,580 crores as on 30th June 2020.

Pursuant to RBI’s notification on Resolution Framework 2.0 related of advances to customers, assets totaling ₹88 crores, about 0.31% of principal outstanding, were restructured in June 2021. The total restructured assets were ₹1,395 crores, about 4.87% of principal outstanding as on 30th June 21.

The restructuring has been targeted at sectors and segments severely impacted by the Covid-19 pandemic: Education (school bus operators), transportation (staff and route bus operators), travel/tourism (tour operators, taxi operators) and market-load operators amongst commercial vehicles who have been hit by lack of demand for their services as well as rising fuel prices

HIGHLIGHTS – QUALITY

Our asset quality remained best-in-class in the industry on account of our traditionally tight credit filters, strong customer relationships and our thrust enabling collections through digital payment modes.

Gross stage III assets as on 30th June 2021 stood at 4.25% with 27% provision cover as against 2.44% with provision cover of 40% as on 30th June 2020, primarily due to the Wave 2-related lockdowns impacting economic activity, increased financial burden faced by customers due to Covid-driven healthcare expenditures and the restrictions placed by the company on staff to work from home through much of the quarter.

Gross NPA as on 30th June 2021 stood at 4.59% when compared to 2.78% as on 30th June 2020

Net stage III assets as of 30th June 2021 closed at 3.12% as against 1.48% as on 30th June 2020

Net NPA as on 30th June 2021 stood at 3.38% when compared to 1.79% as on 30th June 2020

HIGHLIGHTS – PROFITABILITY

Profit growth was robust, enabled by growth in disbursements, our asset quality and tight control of costs

Cost to income closed at 31.5% in Q1FY22 as against 31.6% in Q1FY21.

Return on assets (ROA) for Q1FY22 closed at 2.2% as against 1.9% for Q1FY21. For FY21, ROA was at 2.3%.

Profit after tax registered a 16% rise in Q1FY22, with net profit at ₹192 crores as against ₹166 crores in Q1FY21

Return of equity (ROE) was at 12.2% for Q1FY22 as against 11.7% for Q1FY21. If we exclude investments in subsidiaries and group companies, core ROE was at 16.7% for Q1FY22 as against 16.4% for Q1FY21

PROFIT & LOSS STATEMENT

FY21

Particulars

Q1FY21

Q1FY22

3,917.00

60.46

3,977.46

2,030.73

574.37

316.06

2,921.16

1,056.30

809.05

Revenue From Operations*

Other Income

Total Revenue

Finance cost

Operating expenses

Impairment

Total Expenses

Profit Before Tax

Profit After Tax

*Revenue from operations is net of depreciation on operating lease.

940.64

3.26

943.90

523.46

140.73

60.71

724.90

219.00

165.68

941.35

5.49

946.84

458.53

149.97

85.20

693.70

253.14

191.58

₹ in Crore

BALANCE SHEET

31-Mar-21

Particulars

30-Jun-20

30-Jun-21

₹ in Crore

Equity and Liabilities

28,724.24

Financial Liabilities

48.77

Non-Financial Liabilities

6,179.45

34,952.46

Equity

Total – Equity and Liabilities

Assets

34,182.51

Financial Assets

769.95

Non-Financial Assets

34,952.46

Total – Assets

28,781.88

42.57

5,742.63

34,567.08

33,880.41

686.67

34,567.08

27,403.81

43.99

6,372.46

33,820.26

33,056.69

763.57

33,820.26

03 Key trends in financial performance

FINANCIAL SUMMARY

Year

Paid-up Capital

Networth

Disbursements

Receivables Under Management

PAT

Dividend %

Mar-11

Mar-12

Mar-13

Mar-14

Mar-15

Mar-16

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Jun-20

Jun-21

55.55

*111.10

111.10

1,530

1,789

2,087

2,405

2,978

3,313

3,746

4,134

5,044

5,547

6,179

5,743

6,372

7,592

9,433

9,991

9,719

10,012

11,444

13,218

15,712

17,170

15,175

11,742

929

2060

*Increase in Capital by way of 1:1 bonus issue, **Adjusted for demerger ₹460.57 Cr, #Includes special dividend of 50%. @Excludes exceptional item, Market Capitalisation is on the last day of respective period ends.

12,354

15,540

17,645

18,158

18,734

20,699

24,036

28,648

33,447

35,088

35,736

34,651

34,268

295.23

355.45

410.11

442.51

454.14

477.28

**495.35

563.44

@604.04

723.95

809.05

165.68

191.58

140

155

100

105

110

115

120

#175

130

180

₹ in Crore

Market Capitalisation

2,722

3,645

5,265

7,359

16,859

14,450

17,940

18,634

17,318

13,366

28,560

16,132

29,716

DISBURSEMENTS AND AUM

Disbursements

17,170

15,712

15,175

13,218

11,742

₹ in Crore

AUM

28,984 4.8%

29,936 4.6%

30,882 2.7%

29,580 4.4%

29,823 2.4%

95.2%

95.4%

97.3%

95.6%

97.6%

24,964

10.6%

89.4%

20,735

24.8%

75.2%

2,060

929

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Jun-20

Jun-21

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Jun-20

Jun-21

Growth

15.5%

18.9%

9.3%

-11.6%

-22.6%

-78.9%

121.7%

Growth

15.9%

20.4%

16.1%

3.3%

3.2%

-1.3%

0.8%

On Books

Assigned / Securitised

DISBURSEMENTS

Asset wise

Q1FY21

2.5%

24.0%

26.0%

₹929 Cr.

22.4%

25.1%

8.8%

8.6%

Region wise

30.4%

₹929 Cr.

52.2%

Q1FY22

3.0%

11.6%

CVs

Cars

12.7%

43.0%

₹2,060 Cr.

Construction Equipment

29.7%

5.2%

14.1%

₹2,060 Cr.

47.4%

33.3%

Tractors

Others

South

North

West

East

AUM

Asset wise

6.4%

10.8%

24.5%

Jun-20

5.6%

Jun-21

9.2%

7.7%

CVs

Cars

₹29,580 Cr.

52.7%

11.3%

₹29,823 Cr.

46.9%

Construction Equipment

24.9%

Used Vehicles – 16.3%

Used Vehicles – 14.8%

3.9%

12.8%

4.2%

12.3%

Region wise

20.0%

₹29,580 Cr.

63.3%

22.2%

₹29,823 Cr.

61.3%

Tractors

Others

South

North

West

East

PORTFOLIO QUALITY

Stage III %

Stage III % (Net of ECL)

4.25%

3.12%

2.47%

2.44%

1.84%

1.54%

1.27% 1.33%

1.65%

1.48%

1.01%

0.55%

0.66%

0.83%

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Jun-20

Jun-21

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Jun-20

Jun-21

Stage III % - is as per IGAAP as on 31st Mar 17

FUNDING MIX

₹ 19,373 Cr.

₹ 24,085 Cr.

18.3%

12.4%

28.2%

7.0%

34.1%

8.3%

10.9%

24.2%

19.9%

36.7%

₹ 26,673 Cr. 3.4%

11.6%

20.4%

25.4%

39.2%

₹ 29,007 Cr.

₹ 29,251 Cr.

₹ 29,887 Cr.

₹ 27,836 Cr.

7.7%

13.2%

16.7%

45.7%

2.5%

14.3%

11.3%

19.9%

7.4%

13.0%

15.1%

14.9%

4.9%

15.3%

9.8%

18.4%

52.0%

49.6%

51.6%

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Jun-20

Jun-21

Debentures

Bank Borrowings*

Securitisation

Deposits

Commercial Paper

* Includes a) Term loans b) Commercial Papers and demand loans availed against the sanctioned limits.

PAT & ROA

Profit after Tax

Return on Assets - %

1,126

522

809

724 53

563

495

604

671

166

192

2.2

2.3

2.2

2.0 #

1.9

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Jun-20

Jun-21

EPS (₹)

44.6

50.7

101.4

65.2

72.8

14.9

17.2

Exceptional Item

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Jun-20

Jun-21

# adjusted for exceptional item

₹ in Crore

NET WORTH

Net worth

5,547

5,044

6,179

5,743

6,372

4,134

3,746

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Jun-20

Jun-21

Book Value (₹)

337.1

372.1

454.0

499.3

556.2

516.9

573.6

LEVERAGE AND CAPITAL ADEQUACY

Leverage

Capital adequacy

5.1

5.0

4.9

23.5%

22.1%

4.6

4.2

17.9%

18.0%

19.4%

18.4%

17.7%

3.7

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Jun-20

Jun-21

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Jun-20

Jun-21

04 Consolidated results

CONSOLIDATED RESULTS

Profit after Tax

1,161

1,165

683

730

792

269

285

₹ in Crore

Net Worth

7,730

7,021

8,082

6,677

6,259

5,649

4,809

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Jun-20

Jun-21

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Jun-20

Jun-21

EPS (₹)

61.5

66.3

105.4

71.9

105.7

24.4

25.9

Book Value (₹)

432.9

513.0

568.3

606.1

701.6

637.3

733.5

CONSOLIDATED RESULTS

Particulars

Share of Net Worth

Share in Profit

Sundaram Finance Ltd.

Subsidiaries:

Sundaram Finance Holdings Ltd. (Consolidated)

Sundaram Asset Management Company Ltd. (Consolidated)

Sundaram Home Finance Ltd.

Sundaram Fund Services Ltd.

Sundaram Trustee Company Ltd.

LGF Services Ltd.

Sundaram Finance Employees Welfare Trust

Joint Control Entities

Royal Sundaram General Insurance Co. Ltd.

Adjustment arising out of Consolidation

Total

30-Jun-20

5,742.63

30-Jun-21

6,372.46

395.87

205.14

1,462.10

36.93

1.34

3.50

16.15

647.07

258.58

1,598.67

37.09

1.86

3.53

17.48

665.02

751.69

(1,507.34)

7,021.34

(1,606.83)

8,081.60

Q1FY21

165.68

(2.14)

7.12

33.94

0.20

0.16

0.04

(0.01)

78.72

(14.45)

269.26

Q1FY22

191.58

6.82

19.33

40.04

0.25

0.22

0.02

0.53

41.63

(14.94)

285.48

₹ in Crore

SUNDARAM HOME FINANCE

31-Mar-21

Particulars

30-Jun-20

30-Jun-21

1,254

76.1%

23.9%

9,173

70.0%

30.0%

192

18.93

1,559

153.94

4.48%

1.09%

24.9%

108

784

Disbursements (₹ in Crore)

Housing

Non-Housing

AUM (₹ in Crore)

Housing

Non-Housing

PAT (₹ in Crore)*

EPS (₹)

Net worth (₹ in Crore)

Book Value (₹)

Stage III assets %

Stage III assets % (net of ECL)

CAR – As per Regulation

Branches

Employees

*PAT for FY 20-21 includes a onetime exceptional item of ₹60.25 Cr on account of write back of deferred tax liability on special reserve.

100

93.0%

7.0%

9,653

69.5%

30.5%

13.41

1,462

144.40

5.05%

1.67%

23.5%

115

825

249

84.7%

15.3%

9,038

70.4%

29.6%

15.82

1,599

157.89

7.60%

4.79%

26.3%

107

760

ROYAL SUNDARAM

31-Mar-21

Particulars

30-Jun-20

30-Jun-21

2,883

Gross Written Premium (₹ in Crores)

313

339

1,429

110%

2,323

PAT (₹ in Crores)

Other Comprehensive Income (Net of Taxes)

Total Comprehensive Income

Net worth (₹ in Crores)

Combined Operating Ratio

Employees

610

157

240

1,330

102%

2,389

665

(8)

1,503

118%

2,320

SUNDARAM ASSET MANAGEMENT

31-Mar-21

Particulars

30-Jun-20

30-Jun-21

41,196

31,709

9,487

254

359

AUM (₹ in Crores)

Equity (₹ in Crores)

Debt (₹ in Crores)

PAT (₹ in Crores)

Net worth (₹ in Crores)

Employees

33,531

24,315

9,216

205

386

42,621

34,214

8,407

258

359

10,24,674

Retail Investors

10,86,976

10,20,766

05 More about Sundaram Finance

SHAREHOLDING PATTERN

30-Jun-20

30-Jun-21

37.6%

35.9%

35.6%

4.3%

6.7%

15.5%

3.7%

17.6%

Top institutional shareholders As of 30th June 2021

Name of Shareholder

Share %

Axis Mutual Fund Trustee Ltd.

Nalanda India Equity Fund Ltd.

35.9%

IMPAL

Bright Star Investments Pvt. Ltd.

HDFC Life Insurance Company Ltd.

United India Insurance Company Ltd.

Pari Washington India Master Fund Ltd.

7.2%

Damani Estate and Finance Pvt. Ltd.

Sundaram Finance Employees Welfare Trust

Vanguard Emerging Markets

4.31

3.78

2.61

2.37

1.82

1.41

1.35

0.93

0.83

0.78

Promoters

Mutual Funds & AIFs

FIIs/FPIs and NRIs

Banks, Financial Institutions & Insurance Companies

Public

BRANCH NETWORK

30-Jun-20

30-Jun-21

168

337

170

323

No. of Branches: 610

No. of Employees: 4,208

No. of Branches: 597

No. of Employees: 4,191

South

North

West

East

CREDIT RATINGS

Instrument

Deposits

Debentures

Subordinated Debentures

Long Term Loans

Working Capital Facilities

Commercial Paper

Short Term Loans

ICRA

AAA (Stable)

A1+

CRISIL

AAA (Stable)

A1+

SHARE PRICE MOVEMENT

Indexed share price and Nifty from March 2017

7 1 - r a M

7 1 - n u J

7 1 - p e S

7 1 - c e D

8 1 - r a M

8 1 - n u J

8 1 - p e S

8 1 - c e D

9 1 - r a M

9 1 - n u J

9 1 - p e S

9 1 - c e D

0 2 - r a M

0 2 - n u J

0 2 - p e S

0 2 - c e D

1 2 - r a M

1 2 - n u J

Share price movement after 1st Feb 2018 is post demerger of Sundaram Finance Holdings Limited

SFL Closing Share Price

S & P CNX Nifty

171.37 165.64

SUBSIDIARIES, JOINT VENTURES & ASSOCIATES

Subsidiaries

• Sundaram Home Finance Limited

• Sundaram Finance Holdings Limited

• Sundaram Business Services Limited

• Sundaram Asset Management Company Limited

• Sundaram Asset Management Singapore Pte. Limited

• Sundaram Trustee Company Limited

• Sundaram Alternate Assets Limited

• Sundaram Fund Services Limited

•

LGF Services Limited

Joint Venture

• Royal Sundaram General Insurance Co. Limited

Associates of a Subsidiary Company

• Axles India Limited

• Sundaram Hydraulics Limited

• Wheels India Limited

• Flometallic India Private Limited

• Turbo Energy Private Limited

• Dunes Oman LLC (FZC)

• Transenergy Limited

• Mind S.r.l.

• Sundaram Dynacast Private

Limited

BOARD OF DIRECTORS AS ON 28.05.2021

Sri S Viji Chairman

Sri S Ram Non-executive Director

Has over 5 decades of experience in Banking, Finance, Insurance and Automotive Component Manufacturing Industry. He is the Managing Director of Brakes India Private Limited.

Has over 5 decades of work experience in Vehicle and Component Industry . He is the Chairman of Wheels India Ltd, Axles India Ltd. and India Motor Parts & Accessories Ltd.

B.Com. ACA MBA (University of Michigan, USA)

BE (Mechanical) MS (Production Engineering) (Birmingham University, UK)

Sri Raghuttama Rao Raghavendra Independent Director

Has over 3 decades of work experience spanning Manufacturing, Financial Markets, Public Policy and Management Consulting. Currently CEO of GDC at IIT Madras. Formerly, MD of IMaCS and Joint Managing Director of ICRA.

B.Tech. (Mech. Engg.) – IIT Madras CMA – ICWAI P.G.D.M. – IIM Ahmedabad

Sri P N Venkatachalam Independent Director

Sri S Mahalingam Independent Director

Sri S Prasad Independent Director

Has nearly 4 decades of experience in Banking, Finance and Capital Markets. Formerly Managing Director of State Bank of India.

4 decades of experience in Finance and Information Technology. Formerly Chief Financial Officer and Executive Director of Tata Consultancy Services.

Has more than a decade of experience in industry as finance professional and 38 years as a practicing Chartered Accountant.

MA (Economics), CAIIB

B.Com. (Honours) FCA

FCA

BOARD OF DIRECTORS AS ON 28.05.2021

Sri L Ganesh Independent Director

Ms Shobhana Ramachandhran Independent Director

Sri T T Srinivasaraghavan Non-executive Director

Has over 44 years of Industrial experience in and overall management of the companies. He is the Chairman of the Rane Group, one of the acknowledged leaders in the auto component industry since 2006.

MBA((Pennsylvania State University, USA) ACA

3 decades of experience in General Management and automobile industry. She is the Managing Director of TVS Srichakra Limited.

MA (English Literature)

Has nearly 4 decades of experience in Banking and Financial Services. He was the Managing Director of the company for 18 years and laid down his office recently in Mar 21.

B.Com. MBA (Gannon University, Pennsylvania)

Sri Harsha Viji Executive Vice Chairman

Sri Rajiv C. Lochan Managing Director

Has more than 2 decades of experience in areas of specialisation particularly, strategy formulation, joint venture negotiations, new business development. Formerly with McKinsey & Company and PriceWaterhouse

Has 2.5 decades of experience in the field of management especially in the areas of finance, social sector, and public health. Formerly MD & CEO of The Hindu Group and Partner at McKinsey & Company.

B.Com. ACA MBA (Ann Arbor, Michigan)

B.Tech. (IIT) MS (MIT) MBA (Columbia Business School)

Sri A N Raju Deputy Managing Director

3 decades of experience in the Automobile, Engineering, Finance and General Management. Formerly with GE Capital & SRF Group.

BSc (Engineering) MBA

KEY MANAGERIAL PERSONNEL

Sri M. Ramaswamy Chief Financial Officer

He has over 35 years of experience in the Company. He is the Chief Financial Officer of the Company from Sep 2011. He is responsible for the Treasury Management, Financial Planning & Accounting, Taxation and Regulatory Compliance. He is a member of the Risk Management Committee and Asset Liability Management of the Company.

B.Sc. (Statistics) ACA

Sri P. Viswanathan Company Secretary & Compliance Officer

He has over 45 years of experience in the Company/Group. He became the Company Secretary and Compliance Officer of the Company from Sep 2011. He is responsible for statutory compliance in respect of all laws and regulations applicable to the Company, including Company Law, SEBI and RBI. He liaisons with the Board Members in connection with all Board related actions in the Company. He was Chairman of the Expert Committee on Company law of Madras Chamber of Commerce and Industry and is a Committee Member of Finance Companies Association of India.

B.Com FCS

This document is for information purposes only and is not and does not form part of an invitation/ offer/advertisement/advise to purchase or sell any securities of the Company.

The materials and information contained in the document are prepared by the Company and are correct and accurate, to the best of our knowledge. No information contained herein has been independently verified by anyone else or approved by any regulatory authorities. No warranty is given as to their accuracy and the company does not accept any responsibility and shall not be liable for any direct or indirect loss caused, arising from and/or use of this document.

Forward-looking statements, if any, are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant statement.

The contents of the website are subject to changes and reviews from time to time without notice. By accessing the site, you are deemed to accept the disclaimer clause.

Shri M Ramaswamy Chief Financial Officer Sundaram Finance Limited 21, Patullos Road Chennai – 600002

044 – 28881341 m.ramaswamy@sundaramfinance.in

Shri P Viswanathan Secretary & Compliance Officer Sundaram Finance Limited 21, Patullos Road Chennai – 600002

044 – 28881207 pv@sundaramfinance.in

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