Sundaram Finance Limited announced that, at the board meeting held on May 26, 2014 Sri S Mahalingam appointed as an independent director on the board with immediate effect. Sri Srinivas Acharya has relinquished his office as director with effect from May 31, 2014 after serving on the board for over a decade. Sri A N Raju has been appointed as director on the board with effect from June 1, 2014.