52nd AGM notice and Annual Report 2025-26 filed; Rs.0.65 dividend recommended
SUNDRMBRAK · price
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Sundaram Brake Linings has filed its 52nd AGM notice and Annual Report for FY25-26. The AGM is on 24 July 2026 at 10 AM via video conferencing. Board recommends a dividend of Rs.0.65 per share (6.5 percent). Revenue from operations fell to Rs.34,465 lakhs from Rs.35,221 lakhs. Profit after tax dropped to Rs.256.71 lakhs from Rs.517.28 lakhs. Domestic sales grew 9 percent but exports fell 17 percent. Book closure runs 18 to 24 July; e-voting window is 21 to 23 July.
Dividend of Rs.0.65 per share needs shareholder approval at AGM on 24 July. Profit nearly halved year-on-year, which may weigh on sentiment despite stable sales.