SUNDARMFINNSESundaram Finance Limited· FinanceLowNeutral
Announced Mon, 21 Jul · 15:24 IST

Sundaram Finance Limited has informed the Exchange regarding a minor correction in the Notice to the 72nd Annual General Meeting.

Record Date RevisedCorporate Actions View source PDF

SUNDARMFIN · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sundaram Finance has issued a correction to its 72nd AGM Notice, revising the Record Date for the Final Dividend from 16th July 2025 to 9th July 2025. The Final Dividend remains ₹21 per share (210% on face value of ₹10), and together with the interim dividend of ₹14 per share, the total dividend for FY25 is ₹35 per share (350% on face value), amounting to ₹388.86 crores. The AGM is scheduled for 23rd July 2025 via video conferencing, with e-voting from 18th to 22nd July 2025 and a cut-off date of 16th July 2025. Book closure runs from 10th to 23rd July 2025.

Likely market impact

Shareholders needed to be on the company's register by 9th July 2025 (instead of the earlier announced 16th July) to be eligible for the Final Dividend. The dividend payout of ₹35 per share remains unchanged, so this is purely an administrative date correction with no change to shareholder returns.