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The Board of Directors of Sundaram-Clayton Limited has announced a board meeting outcome, approving the sale of its high-pressure and low-pressure aluminium die-casting businesses at the Hosur plant to one or more third parties. The specifics of the transaction, including terms and sale consideration, remain to be determined. Necessary disclosures will be provided once definitive agreements are executed. This move signals a strategic shift that may impact the company’s operational focus and financial structure moving forward.