Sundaram Finance Board Approves Fund Raising Limit Revision to ₹16,000 Crore for FY 2025-26

1 min read     Updated on 02 Feb 2026, 06:50 PM
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Reviewed by
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Overview

Sundaram Finance Limited's board has approved a revision of its fund raising limit from ₹13,000 crore to ₹16,000 crore through Non-Convertible Debentures for FY 2025-26. The decision was taken during a board meeting on 2nd February, 2026, with the NCDs to be issued on private placement basis in one or more tranches. This ₹3,000 crore increase enhances the company's capital mobilization capacity and provides greater financial flexibility for business operations.

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*this image is generated using AI for illustrative purposes only.

Sundaram Finance Limited has announced a significant enhancement to its capital raising capacity, with the board of directors approving a revision in the fund raising limit for the current financial year. The decision was taken during a board meeting held on 2nd February, 2026, demonstrating the company's strategic approach to capital management.

Board Approval Details

The board meeting, which commenced at 10:00 A.M. and concluded at 01:55 P.M., resulted in the approval to revise the fund raising limit for financial year 2025-26. The key parameters of this decision are outlined below:

Parameter: Details
Previous Limit: ₹13,000 crore
Revised Limit: ₹16,000 crore
Increase Amount: ₹3,000 crore
Instrument Type: Non-Convertible Debentures
Placement Method: Private placement basis
Issuance Structure: One or more tranches

Regulatory Compliance

The fund raising initiative has been structured in compliance with applicable regulatory frameworks. The disclosure has been made under Regulation 30 and Regulation 51 read with Schedule III to the SEBI (LODR) Regulations, 2015, ensuring full transparency with stakeholders and regulatory authorities.

Strategic Implications

This revision represents a substantial 23.08% increase in the company's fund raising capacity, providing enhanced financial flexibility for business operations. The private placement structure for Non-Convertible Debentures offers the company greater control over the capital raising process while maintaining cost efficiency.

Corporate Communication

The formal communication was signed by P.N. Srikant, CCO & Company Secretary, and has been shared with both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited, ensuring comprehensive market disclosure. The company maintains its registered office at 21, Patullo's Road, Chennai – 600 002, with established communication channels for stakeholder engagement.

Historical Stock Returns for Sundaram Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+8.08%+6.54%+0.70%+17.29%+19.21%+197.38%

Sundaram Finance Declares ₹16 Interim Dividend for FY26 with February Record Date

1 min read     Updated on 02 Feb 2026, 02:22 PM
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Reviewed by
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Overview

Sundaram Finance has declared an interim dividend of ₹16 per share (160%) for FY26, approved by the board on February 2, 2026. The dividend is payable to shareholders on record as of February 6, 2026, with payment scheduled on or after February 25, 2026, on the company's paid-up capital of ₹111.10 crores.

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*this image is generated using AI for illustrative purposes only.

Sundaram Finance has declared an interim dividend of ₹16 per share for the financial year 2025-26, with the board formally approving the distribution at their meeting held on February 2, 2026.

Dividend Declaration Details

The company's board meeting, which commenced at 10:00 AM and concluded at 1:55 PM, approved the interim dividend payment representing 160% of the face value on the company's paid-up capital.

Parameter: Details
Dividend Amount: ₹16 per share (160%)
Financial Year: 2025-26
Paid-up Capital: ₹111.10 crores
Total Equity Shares: 11,11,03,860 shares
Face Value: ₹10 per share

Important Dates and Eligibility

The dividend will be payable to shareholders whose names appear on the company's Register of Members as on the specified record date.

Timeline: Date
Record Date: February 6, 2026 (Friday)
Payment Date: On or after February 25, 2026 (Wednesday)
Board Meeting Date: February 2, 2026

Regulatory Compliance

The dividend declaration has been made under Regulation 30 and 42 read with Schedule III, Part A Para A of the SEBI (LODR) Regulations, 2015. The company has notified both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited about this corporate action.

This interim dividend distribution reflects Sundaram Finance's commitment to returning value to shareholders through regular profit-sharing mechanisms during the ongoing financial year.

Historical Stock Returns for Sundaram Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+8.08%+6.54%+0.70%+17.29%+19.21%+197.38%

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1 Year Returns:+19.21%