Outcome of board meeting of Sundaram Clayton

Held on 04 August 2015

Sundaram Clayton announced that the Board of Directors of the Company at its meeting held on 04 August 2015, have approved in-principle, an investment of a sum not exceeding USD 8 MN in tranches by the Company in a die-casting facility proposed to be established in United States (U.S) for catering to the needs of overseas customers, subject to such permissions / consents under Indian and U.S Laws and subject to a detailed Project Report submission for evaluation in the next Board Meeting.

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