Sundaram Clayton has declared an interim dividend of Rs 4.50 per share (90%) for the financial year ending March 31, 2026. The Board of Directors approved this dividend declaration at their meeting held on March 27, 2026, demonstrating the company's commitment to returning value to its shareholders through regular profit distributions.

Dividend Declaration Details

The interim dividend will be paid on 2,20,46,162 equity shares of Rs 5 each fully paid up, absorbing a total sum of Rs 9.92 crore. The following table summarizes the key dividend information:

Record Date and Payment Timeline

Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has fixed April 3, 2026 as the record date for determining eligible shareholders. The interim dividend will be paid to shareholders who hold shares in physical form and/or electronic form and whose names appear in the Register of Members and/or Depositories respectively, as at the close of working hours on the record date.

The dividend payment will be made within 30 days from the declaration date, as provided in the Companies Act, 2013. This timeline ensures prompt distribution of returns to eligible shareholders while maintaining compliance with regulatory requirements.

Regulatory Compliance and Communication

The company has formally communicated this dividend declaration to both BSE Limited and National Stock Exchange of India Limited through official correspondence. This communication follows the company's earlier intimation dated March 19, 2026, ensuring full transparency and regulatory compliance in the dividend declaration process.

Shareholder Benefits

The interim dividend declaration represents the company's decision to distribute a portion of its profits to shareholders during the current financial period. This payment provides immediate returns to investors while the company continues its operations and business activities. Interim dividends are typically declared by companies when they have sufficient distributable profits and cash flows to reward shareholders before the completion of the full financial year, reflecting management's confidence in the company's financial position and ongoing business performance.

Sundaram Clayton Limited has successfully completed a significant land sale transaction worth ₹533.62 crore on March 26, 2026. The company announced the completion of the sale through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Transaction Details

The land sale involves a 16.33-acre property situated at Korattur Village, Ambattur Taluk, Chennai District, Tamil Nadu. The buyer, Canopy Living LLP, represents a joint venture between Arihant Foundations & Housing Limited and Prestige Estates Projects Limited.

Transaction Timeline

The sale process began with the execution of an Agreement to Sell on January 8, 2026. As part of the initial agreement, Sundaram-Clayton Limited received an advance payment of ₹25 crore from the buyer. The transaction reached completion on March 26, 2026, with the execution and registration of the sale deed.

Financial Settlement

The company has received the balance consideration aggregating to ₹533.62 crore following due diligence procedures. This amount represents the full and final settlement of the transaction, completing all financial obligations related to the land sale.

Regulatory Compliance

Sundaram-Clayton Limited has maintained transparency throughout the transaction process by providing timely disclosures to the stock exchanges. The company initially informed the National Stock Exchange of India Limited and BSE Limited about the Agreement to Sell on January 8, 2026, and has now updated stakeholders about the successful completion of the transaction as a material development under regulatory requirements.