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

Sundaram Finance Recommends Final Dividend of ₹24/Share

AI Summary

Sundaram Finance Ltd's Board of Directors, in its meeting on May 25, 2026, 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, along with the interim dividend of ₹16 per share (160%) paid earlier, brings the total dividend to ₹40 per share (400%) for FY26. The dividend, if approved by shareholders, will be paid on or after July 23, 2026, to shareholders on the register as of the record date, July 6, 2026. The board also approved the audited standalone and consolidated financial results for the year ended March 31, 2026.

Key Highlights

  • Sundaram Finance recommends a final dividend of ₹24 per share for FY26.
  • Total dividend for FY26 amounts to ₹40 per share, including an interim dividend of ₹16.
  • Dividend payment is scheduled on or after July 23, 2026, subject to shareholder approval.
  • Record date for dividend eligibility is set as July 6, 2026.
  • Audited standalone and consolidated financial results for FY26 were approved.