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0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70549 210128370 0 0 210128370 100 210128370 0 210128370 100 0 0 0 100 0 0 0 0 208811725 0 0 0 The Honble National Company Law Tribunal, Chennai bench, vide its order dated December 6, 2021 had approved the composite scheme of amalgamation and arrangement (demerger) inter alia amongst T V Sundram Iyengar & Sons Private Limited (TVSS), Sundaram Industries Private Limited (SIPL), Southern Roadways Private Limited (SRPL) and TVS Sundram Fasteners Private Limited (TPL) (Composite Scheme) in accordance with Sections 230 to 232 and other applicable provisions under the Companies Act, 2013 read with the rules made thereunder and other applicable laws. The Composite Scheme was made effective on January 6, 2022 (Effective Date). As per the Composite Scheme, on the Effective Date, SIPL and SRPL were amalgamated with TVSS and have been dissolved without the process of winding up. As a result of this, the shareholding of SRPL in Sundram Fasteners Limited (SFL) was vested in / transferred to TVSS. As a subsequent step to the above, in terms of the Composite Scheme, on February 4, 2022, TVSS demerged a business undertaking which included shareholding held in the Company to TPL. Consequent to the above, TPL has become the Promoter of SFL. 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