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On 28th August 2000 the licence application was submitted to the IRDA and the license was granted to Royal Sundaram on 23rd of October 2000 by the IRDA, making us the first foreign Joint Venture to obtain a license for conducting in the Non-Life segment. Royal Sundaram was formally launched as a company on 12th March 2001 and is now in its sixth year of operation. The shareholders of Royal Sundaram are as follows: ... To be a responsible corporate citizen and a caring member of the community. ...
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