Sundaram Finance Limited has informed the Exchange regarding 'Record Date for the payment of final dividend for the Financial Year 2024-25'.
SUNDARMFIN · price
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Sundaram Finance has clarified the record date for its final dividend for FY 2024-25, in response to an NSE query. The Board has recommended a final dividend of ₹21 per share (210%) on a paid-up capital of ₹111.10 crore. Together with the interim dividend of ₹14 per share (140%) already paid in February 2025, the total dividend for the year works out to ₹35 per share (350%). Shareholders whose names are on the register as of 9th July 2025 (the record date) will be eligible, with payment to be made on or after 24th July 2025, subject to shareholder approval.
Shareholders must ensure they hold the stock before the 9th July 2025 record date to receive the final dividend. The clarification removes uncertainty around the eligibility date and supports a smooth payout, which is mildly positive for the stock in the near term.