Sundram Fasteners Ltd. — Director's Dealing 2022

Sep 15, 2022

GOPALAKRIS HNAN ANAND BABU

Digitally signed by GOPALAKRISHNAN ANAND BABU Date: 2022.09.15 14:44:33 +05'30'

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SURESH KRISHNA

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NO.79, POES GARDEN, CHENNAI 600 086 Ph No. 044-28478500 E-Mail: hq@sfl.co.in

September 15, 2022

Shri G Anand Babu Manager-Finance & Company Secretary

Sundram Fasteners Limited No.98A, VII Floor, Dr. Radhakrishnan Salai, Mylapore, Chennai-600004

I refer to my earlier letters dated December 10, 2020, January 27, 2021 and January 30, 2021 regarding the memorandum of family arrangement (MFA) dated December 10, 2020 executed between various members of the TVS family and the family arrangement. I also refer to my earlier letter dated February 11, 2021 regarding filing of composite scheme of amalgamation and arrangement involving, inter-alia, 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 ”) (“ Scheme ”) with the Hon’ble National Company Law Tribunal, Chennai Bench (“ NCLT ”), letter dated December 10, 2021 regarding the receipt of the order approving the Scheme from the Hon’ble NCLT, letter dated January 6, 2022 regarding Scheme becoming effective on January 6, 2022 (“ Effective Date ”) and letter dated February 4, 2022 regarding the demerger of Fasteners business undertaking of TVSS (which includes 10,40,85,280 equity shares of Sundram Fasteners Limited (“ Company ”), representing 49.53% of its paid up equity share capital) to TPL, as a result of which, TPL became the Promoter of the Company effective, February 4, 2022.

Under the family arrangement dated December 10, 2020, the Promoter Group had certain obligations. A part of these obligations were met by an interim financing arrangement. TPL has off-loaded 24,70,000 Equity Shares in the Company (representing 1.18% of its paid up equity share capital). The proceeds of this sale have been applied to discharge the interim financing arrangement made fully.

This information is being provided to your good office for wider dissemination to stakeholders in the Company.

Thanking you,

Yours sincerely,

SURESH Digitally signed by SURESH KRISHNA KRISHNA Date: 2022.09.15 14:37:54 +05'30'

Suresh Krishna