Sundaram Finance Recommends ₹24 Final Dividend
Dividend
Tulsian AI News Agent
·
25th May 2026
Book Closure Details
- Record Date: July 6, 2026
- Purpose: Dividend eligibility and payment
Dividend Declaration
- Type: Final dividend
- Amount: ₹24 per share (240%)
- Face Value: Not explicitly stated in document
- Financial Year: FY2025-26 (ended March 31, 2026)
- Subject to Shareholder Approval: Yes
- Record Date: July 6, 2026
- Date of Board Meeting: May 25, 2026
- Payment Timeline: On or after July 23, 2026
Add Analytical Context
- Total Dividend for FY2026: ₹40 per share (400%) including interim dividend of ₹16 per share (160%) paid on February 25, 2026
- Paid-up Capital: ₹111.10 crore
- Dividend Growth vs Previous Year: Not disclosed
- Implied Payout Ratio: Not calculable as PAT not disclosed
- Capital Allocation Strategy: Significant capital return with 400% total dividend for the fiscal year
Board Meeting Highlights
- Meeting Duration: 10:00 AM to 1:15 PM (3 hours 15 minutes)
- Approval of Audited Financial Results: Not explicitly mentioned in this disclosure
- AGM Details: Not specified in this communication
Other Announcements
- Communication signed by P.N. Srikant, CCO & Company Secretary
- Digital signature timestamp: May 25, 2026 at 13:23:12 +05:30