StockWatch
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Non Banking Financial Company (NBFC)
Dividend25 May 2026, 09:51 pm

Sundaram Finance Recommends ₹24 Final Dividend; Record Date July 6, 2026

AI Summary

Sundaram Finance Ltd has recommended a final dividend of ₹24 per share (240%) for the financial year ended March 31, 2026, on a paid-up capital of ₹111.10 cr. This is in addition to the interim dividend of ₹16 per share (160%) already paid. The total dividend for FY26 amounts to ₹40 per share (400%). The record date for determining shareholders eligible for the dividend is fixed as July 6, 2026, and payment will be made on or after July 23, 2026, subject to shareholder approval. The board meeting concluded at 1:15 P.M.

Key Highlights

  • Sundaram Finance recommends a final dividend of ₹24 per share.
  • Record date for final dividend is fixed as July 6, 2026.
  • Total dividend for FY26 is ₹40 per share (400%).
  • Dividend payment will be made on or after July 23, 2026, subject to approval.