Sundaram Finance Limited has informed the Exchange regarding the Minutes of the Proceedings of Annual General Meeting held on July 23, 2025.
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Sundaram Finance held its 72nd AGM on July 23, 2025, via video conferencing, chaired by Mr. S. Viji. The Chairman highlighted that disbursements grew 8.6% to ₹28,405 crores and gross receivables grew 17.3% to ₹60,290 crores in FY25, with strong asset quality (Gross Stage III assets at 1.44%, Net at 0.75%) and a capital adequacy of 20.42%. A final dividend of ₹21/share was declared, taking the total FY25 dividend to ₹35/share (350% on face value of ₹10), amounting to ₹388.86 crores in total payouts. All seven resolutions were passed with overwhelming shareholder support, including adoption of accounts, final dividend, re-election of two directors, re-appointment of an independent director, appointment of the secretarial auditor, and enhancement of the borrowing limit to ₹70,000 crores. Subsidiaries Sundaram Home Finance (30% disbursement growth), Sundaram AMC (AUM ₹76,008 crores), and the insurance joint venture also reported healthy performance.
This is a routine regulatory filing of AGM minutes confirming shareholder approval of all agenda items, including the full FY25 dividend and a substantially higher borrowing ceiling. No negative surprises — strong management continuity and a 350% dividend payout signal healthy shareholder returns.