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Sundaram Finance board recommends 40% final dividend

Sundaram Finance at its meeting held on May 29, 2013, has recommended a final dividend of Rs. 4.50 per share (45%) for the financial year ended March 31, 2013.

May 29, 2013 / 14:44 IST
     
     
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    Sundaram Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2013, inter alia, has recommended a final dividend of Rs. 4.50 per share (45%) for the financial year ended March 31, 2013, on the enhanced paid-up capital of Rs. 111.10 cr., as a result of the bonus issue in the ratio of 1:1, in December 2012. This, together with the interim dividend of Rs. 4.50 per share (45%) paid on February 22, 2013 will make a total dividend of Rs. 9/- per share (90%) for the financial year ended March 31, 2013. The final dividend will be paid on July 19, 2013 to those shareholders whose names stand on the Register of Members of the Company as on July 03, 2013.Source : BSE

    Read all announcements in Sundaram Fin

    first published: May 29, 2013 02:44 pm

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