Sundaram Finance Limited board recommends final dividend of Rs. 6

The Board of Directors of Sundaram Finance Limited has recommended a final dividend of Rs. 6/- per share (60%) for the financial year ended 31st March 2021, on the paid-up capital of Rs. 111.10 cr. This, together with the interim dividend of Rs. 12/- per share (120%) paid on 17th February 2021 will make a total dividend of Rs. 18/- per share (180%) for the financial year ended 31st March 2021.

The register of members and share transfer books of the Company will remain closed from 5th July 2021 to 22nd July 2021 (both days inclusive) for the 68th Annual General Meeting and for considering the payment of final dividend. The dividend, if approved by the shareholders, will be paid on or after 23rd July 2021 to those shareholders whose names stand on the Register of Members of the Company as on 3rd July 2021.

Shares of SUNDARAM FINANCE LTD. was last trading in BSE at Rs.2497.3 as compared to the previous close of Rs. 2440.55. The total number of shares traded during the day was 1533 in over 265 trades.

The stock hit an intraday high of Rs. 2520.15 and intraday low of 2460. The net turnover during the day was Rs. 3829969.

Source : Equity Bulls

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