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Radhakishan Damani Picks Up 2% Stake in Sundaram Finance
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Billionaire Radhakishan Damani has picked up a 2% stake in Sundaram Finance, a non-banking financial company. The stake was acquired in the April-June quarter of FY27.
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Radhakishan Damani Picks Up 2% Stake in Sundaram Finance
Billionaire Radhakishan Damani has picked up a 2% stake in Sundaram Finance, a non-banking financial company. The stake was acquired in the April-June quarter of FY27, as part of the company's investment strategy. Sundaram Finance is a leading player in the non-banking financial sector, and the acquisition of the stake by Radhakishan Damani is expected to have a positive impact on the company's performance. The company has been expanding its operations in recent years, and the acquisition of the stake by a prominent investor like Radhakishan Damani is expected to provide a boost to the company's growth prospects.
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