Sundaram Finance announces the transfer of Mr. Ajit Narasimhan, a senior management member, to Sundaram Alternate Assets Limited, effective September 1, 2025. Sundaram Alternate Assets Limited is a wholly-owned subsidiary of Sundaram Asset Management Company Limited, which in turn, is a wholly-owned subsidiary of Sundaram Finance. This change was officially recorded during a Board Meeting held on November 3, 2025.
Senior Management Transition
Mr. Ajit Narasimhan, a key member of the Senior Management at Sundaram Finance, is set to transition to Sundaram Alternate Assets Limited. This change, effective from September 1, 2025, signifies a strategic realignment within the Sundaram Group.
Subsidiary Role and Board Approval
Sundaram Alternate Assets Limited is a wholly-owned subsidiary of Sundaram Asset Management Company Limited, ultimately falling under the Sundaram Finance umbrella. The decision regarding Mr. Narasimhan’s transfer was formally documented during a Board Meeting held on November 3, 2025.
Source: BSE
