Sundaram Brake Linings Ltd Share Price – NSE  / BSE

Auto Ancillaries, Small Cap

Sundaram Brake Linings will hold a meeting of the Board of Directors of the Company on 25 May 2026.

Sundaram Brake Linings announced that on 10 April 2026, at around 09:55 P.M. (IST) a fire incident occurred at the factory of its Plant I situated at Kariapatti, Virudhunagar,Tamil Nadu.

Fire was controlled within time and fortunately, there were no casualty and injury to life. However, the affected operations will be temporarily shut. The extent of damage to assets and equipment is currently being evaluated, and a detailed estimate will be ascertained in due course.

Hari S is a Fellow Chartered Accountant (FCA) with 30+ years of experience in finance, accounts, banking, taxation, project finance, and corporate financial management. He has served as GM (F&A) at NTADCL and Chief Finance Manager at ITI Limited, leading financial restructuring, consortium banking, fundraising, statutory compliance, and board-level reporting. Hari has extensive experience in corporate debt restructuring, multi-bank consortium management, and complex financial negotiations, with a proven record of turnaround management, profitability improvement, and strategic financial oversight across listed entities and large infrastructure projects.

Sundaram Brake Linings manufactures asbestos-free friction materials.

The company reported a standalone net loss of Rs 1.24 crore in Q3 FY26, compared with a net profit of Rs 0.89 crore recorded in Q3 FY25. Revenue from operations for the period under review declined 4.7% year-on-year (YoY) to Rs 84.19 crore.

Shares of Sundaram Brake Linings fell 3.45% to close at Rs 560 on the BSE.

Powered by Capital Market - Live News

Sundaram Brake Linings has appointed Hari S as the Chief Financial Officer of the Company and designated him as Key Managerial Person with effect from 09 March 2026.

Powered by Capital Market - Live News