Archive · 24 Jun 2025
SFHL to Acquire Additional Stake in IMPAL
Sundaram Finance Holdings (SFHL) is buying more shares of India Motor Parts & Accessories Limited (IMPAL).
They plan to acquire about 5% more of IMPAL.
This means SFHL will own almost 25% of IMPAL after the deal is done.
The purchase costs around 68 crore rupees.
The deal is expected to finish by June 2026.
This allows SFHL to increase its investment in a company that sells car parts.
SFHL's board approved the acquisition of a 4.99% stake in IMPAL.
The acquisition involves up to 622,752 equity shares.
The transaction value is approximately Rs 68 crore.
SFHL's stake will increase from 20% to 24.99%.
The acquisition is expected to be completed by the end of June 2026.
- Who
- Sundaram Finance Holdings (SFHL) and India Motor Parts & Accessories Limited (IMPAL).
- What
- SFHL is acquiring a 4.99% stake in IMPAL.
- When
- The acquisition is expected to be completed by the end of June 2026.
- Where
- India.
- Why
- To consolidate holdings in group companies.
- Buyer
- Sundaram Finance Holdings Limited (SFHL)
- Seller
- India Motor Parts & Accessories Limited (IMPAL)
- Stake Acquired
- 4.99%
- Shares
- Up to 622,752 equity shares
- Transaction Value
- Approximately Rs 68 crore
- SFHL's Stake Post-Acquisition
- 24.99%
- Estimated Completion
- End of June 2026