SUNDRMFASTNSESundram Fasteners Limited· FastnersHighPositive
Announced Wed, 30 Apr · 19:41 IST

Sundram Fasteners Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2025, declared Interim Dividend of 4.20 per equity share.

Corporate Actions View source PDF

SUNDRMFAST · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Sundram Fasteners Limited, at its meeting held on April 30, 2025, has declared an interim dividend of ₹4.20 per equity share. The dividend will be paid to shareholders who hold shares as on the record date, which will be announced separately. This is a routine interim dividend declaration by the auto components maker for the financial year. Shareholders should watch for the record date and payment date announcements from the company.

Likely market impact

Positive short-term sentiment as the dividend rewards shareholders, though the ₹4.20 payout represents a modest yield at current market prices. Existing investors will receive cash income; the stock may see mild support around ex-dividend date.