Sundaram Finance 73rd AGM: Rs 40 per share dividend, Rs 1,834 cr PAT approved

Board & Shareholder Meetings View source PDF

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AI summary

73rd AGM held on July 22, 2026 via video conferencing. Shareholders approved FY26 accounts with 99.96 percent votes in favour. Final dividend of Rs 24 per share declared, making total FY26 dividend Rs 40 per share (400 percent). Net profit grew 19 percent to Rs 1,834 crores on disbursements of Rs 32,321 crores. Gross Stage 3 assets at 1.44 percent. All resolutions including re-election of directors passed with over 90 percent approval.

Likely market impact

Dividend approval confirms strong shareholder payout. PAT growth of 19 percent and healthy asset quality signal continued financial strength.