Sundaram Brake Linings Limited

Equity Intelligence India increased its stake in Sundaram Brake Linings from 1.68% to 2.03% by purchasing 14,000 shares.

A leading manufacturer of asbestos-free friction materials for automotive applications, Sundaram Brake designs and produces brake linings, pads, and related components for commercial and passenger vehicles. Established in 1978, the company serves original equipment manufacturers and the aftermarket across India and exports to international markets. Its focus on safety, quality, environmental responsibility, and advanced manufacturing technology distinguishes it in the competitive auto components sector.

Kochi-based founded by Porinju Veliyath in 2002. Contrarian deep-value smallcap manager known for buying out-of-favour businesses ahead of the cycle.