SUNDRMCLAY

Sundaram Clayton Ltd has informed the Exchange that the meeting of the BODs proposed to be convened on April 10,2006 for consideration of second interim dividend has been postponed.Accordingly,the record date and the date for payment of dividend will also be postponed.The company has further informed that the date of board meeting,record date and the date for payment of interim dividend will be intimated in due course

Sundaram Clayton Ltd has informed the Exchange that at the meeting of the BODs held on December 22,2004 the directors were informed that the promoters had been discussing the demerger of the company's brake business into a separate company with WABCO's greater involvement to help future growth of that business. The company is advised that both Indian and foreign promoter shareholders are actively exploring various options for reorganizing the existing businesses of the company within the framework of applicable statutes. When a concrete proposal for re-organisation is brought before the board

Sundaram Clayton Ltd has informed the Exchange that at the meeting of the BODs held on November 11,2004,the board has approved the proposal to invest a sum of Rs.5 lakhs in Auto(India) Engineering Ltd,a new company proposed to be incorporated as a public limited company of which 100% shares will be held by Sundaram-Clayton Ltd. and its nominees.The new company will become a subsidiary of Sundaram-Clayton Ltd. on and from the date of incorporation.