SUNDARMFINSundaram Finance Ltd.
Sundaram Finance chairman S. Viji resigns; R. Venkatraman elected chairman
- Management change
- Finance
Reviewed byKeshav SehgalBlacklitt Research
Sundaram Finance (NSE: SUNDARMFIN) said in a filing on 04 Nov 2026 that its Non-Executive Director and Chairman, S. Viji, relinquished his office with effect from the close of that day's board meeting, citing his age and other personal considerations. The board elected R. Venkatraman, an Independent Director, as Chairman.
The resignation and the new chairman
S. Viji relinquished his office as Non-Executive Director and Chairman of Sundaram Finance at the board meeting held on 4 Nov 2026, with effect from the close of the meeting. The meeting began at 10:00 A.M. and concluded at 2:20 P.M.
In his resignation letter, Viji wrote that he had served the company on its board for 40 years and as Chairperson for 21 years, and wished the company continued prosperity. The letter is enclosed with the filing.
The board elected R. Venkatraman, an Independent Director, to be Chairman of the Board. The filing discloses the change under Regulation 30 of the SEBI Listing Regulations, and records the reason for change as resignation.
What the chairman change means for Sundaram Finance's shareholders
The change alters who chairs the board. The filing does not describe any change to the company's business or its operations.
Not stated: who will replace Venkatraman as Independent Director, whether a new Non-Executive Director will be appointed, whether Viji will keep any other role, and the personal considerations beyond age.
At a glance
| Item | Detail |
|---|---|
| Officer resigning | S. Viji, Non-Executive Director and Chairman |
| Effective | Close of board meeting on 4 Nov 2026 |
| New Chairman | R. Venkatraman, Independent Director |
| Years on the Board | 40 years, per resignation letter |
| Years as Chairperson | 21 years, per resignation letter |
Filed with NSE on . Reference: Original filing (PDF)
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