ALPHA TRIBE

Sundaram Finance LimitedImportant, 21-07-2025: Updates

21-07-2025 | 03:24 pm

Company has adjusted the record date for its final dividend, making it earlier. Shareholders are set to approve a total dividend of ₹35 per share for FY24-25, equating to ₹388.86 Cr. A key proposal is to raise the company's borrowing limit from ₹60,000 Cr to ₹70,000 Cr, signaling potential for significant future growth given current borrowings of ₹47,359.13 Cr. This strategic move could support expanded operations. The Annual General Meeting will also address the re-appointment of key directors, ensuring board continuity.

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