Sundaram Finance Holdings Limited announced that at the board meeting held on May 21, 2024 declared an 2nd Interim Dividend of INR 3.65/- per share (73%) for the financial year 2023-24 on the paid-up capital of INR 1110.5 million, represented by 22,21,03,860 equity shares of INR 5/- each, payable to those shareholders whose names stand on the Register of Members of the Company as on the Record Date ­ 31 May 2024. The dividend will be paid on or before 18 June 2024. The Board of Directors have also recommended a Final Dividend of INR 2.05/- per share (41%).

This together with the 1st interim dividend of INR 2/- per share (40% on the face value of INR 5/-) paid on 28 February 2024 and 2nd interim dividend of INR 3.65/- per share (73% on the face value of INR 5/-) payable on 18 June 2024, aggregate to a total dividend of INR 7.70/- per share (154% on the face value of INR 5/-) for the year 2023- 24. The register of members and share transfer books of the Company will remain closed from 06th July 2024 to 18th July 2024 (both days inclusive) for the 30th Annual General Meeting and for considering the payment of the Final Dividend. The Final Dividend, if approved by the shareholders, will be paid on or after 19 July 2024 to those shareholders whose names stand on the Register of Members of the Company as on 05 July 2024.