News ArticleSundaram Finance Appoints R. Venkatraman as Chairman After S. Viji Steps Down
Mr. S. Viji resigns as Non-Executive Director and Chairman on November 4, 2026, after four decades with the company
Sundaram Finance Limited announced the resignation of Mr. S. Viji as Non-Executive Director and Chairman effective November 4, 2026, after 40 years on the board and 21 years as chairman. Independent Director Mr. R. Venkatraman has been appointed as the new Chairman of the Board.
Sundaram Finance Limited
Change in Management
Sundaram Finance Limited announced the resignation of Mr. S. Viji as Chairman and Non-Executive Director effective at the close of the Board Meeting on November 4, 2026. The Board has appointed Independent Director Mr. R. Venkatraman as the new Chairman.
Mr. S. Viji stepped down due to age and personal considerations, concluding a 40-year tenure on the Board and 21 years as Chairman. He conveyed his best wishes to the company for its future success.
The change in leadership was decided during a Board Meeting held from 10:00 A.M. to 2:20 P.M. on November 4, 2026.
The appointment of Mr. R. Venkatraman as Chairman maintains the leadership within the Board’s Independent Directors, ensuring continuity in governance.
Highlights
- Mr. S. Viji resigned as Non-Executive Director and Chairman on November 4, 2026.
- He served on Sundaram Finance's Board for 40 years and as Chairman for 21 years.
- Independent Director R. Venkatraman elected new Chairman by the Board.
- Board Meeting duration: 10:00 A.M. to 2:20 P.M. on November 4, 2026.
Key Data Snapshot
What happened
- Mr. S. Viji resigned as Non-Executive Director and Chairman effective at the close of the November 4, 2026 Board Meeting.
- The resignation was due to his age and personal considerations.
- Mr. R. Venkatraman, an Independent Director, has been elected as the new Chairman of Sundaram Finance Limited.
Key details
- Mr. S. Viji has been associated with the company’s Board for 40 years and served as Chairman for 21 years.
- The resignation and appointment were formalized during the Board Meeting that lasted over four hours on November 4, 2026.
- The company communicated the changes to both National Stock Exchange of India and Bombay Stock Exchange as part of regulatory compliance.
Highlights
- Mr. S. Viji resigned as Non-Executive Director and Chairman on November 4, 2026.
- He served on Sundaram Finance's Board for 40 years and as Chairman for 21 years.
- Independent Director R. Venkatraman elected new Chairman by the Board.
- Board Meeting duration: 10:00 A.M. to 2:20 P.M. on November 4, 2026.
Disclosures
- Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015
- SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
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