SUNCLAYNSESundaram Clayton LimitedHighPositive
Announced Fri, 27 Mar · 15:13 IST

Sundaram Clayton Limited has informed the Exchange that Board of Directors at its meeting held on March 27, 2026, declared Interim Dividend of Rs. 4.50 per equity share.

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Price reaction · full curve 14 horizons · vs prior close
-12.7%1-day move
₹1362.00
prior close
₹1282.00
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+0.2+0.2+0.0-12.7-8.2-8.1-6.5-8.1-4.7+11.7+4.4-1.1+1.7
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AI summary

Sundaram Clayton Limited's Board of Directors, at a meeting held on March 27, 2026, declared an interim dividend of Rs. 4.50 per equity share (90%) for the financial year ending March 31, 2026. The dividend is on 2,20,46,162 equity shares of Rs. 5 each fully paid up, absorbing a total of Rs. 9.92 Crore. The record date for eligibility has been fixed as April 3, 2026. The dividend will be paid to shareholders within 30 days from the date of declaration, in line with the Companies Act, 2013.

Likely market impact

Shareholders holding shares as of the record date (April 3, 2026) will be entitled to the interim dividend of Rs. 4.50 per share. This is a positive cash return event, though the market may have already priced in the dividend ahead of the ex-date.