| Sundaram Home Finance Limited was incorporated
on July 2, 1999, under the Companies Act 1956.
Sundaram Finance Limited has promoted Sundaram Home Finance
Limited.
Sundaram Finance Limited (SFL) and Union de Credit pour le Batiment (UCB) a wholly-owned subsidiary of BNP Paribas, France, had entered into an agreement on 9 th May 2007, regarding a strategic partnership in housing finance in India whereby UCB will acquire a 49.9% stake in Sundaram Home Finance Limited, a subsidiary of Sundaram Finance Limited. Consequent to the completion of the regulatory approvals, the name of the Company has been changed to Sundaram BNP Paribas Home Finance Limited effective 28 th November 2007.
Sundaram BNP Paribas Home combines its expertise in Home Finance with the service-orientation
of its promoter Sundaram Finance. |
