Sundram Fasteners Limited , a leading automotive component manufacturer, has announced a significant interim dividend and initiated a shareholder-focused campaign. Here are the key highlights:

Interim Dividend Declaration

The Board of Directors of Sundram Fasteners Limited has declared an interim dividend of Rs 3.75 per share. This represents a 375% dividend on the face value of Re 1 per share.

Dividend Payment Details

Tax Deduction on Dividend

The company will deduct tax at source (TDS) from dividend payments exceeding Rs 10,000. The TDS rates vary based on shareholder category and residential status:

Certain categories of shareholders, such as mutual funds, insurance companies, and government entities, may be exempt from TDS upon submission of required documentation by November 6.

'Saksham Niveshak' Campaign

Sundram Fasteners has launched a 100-day campaign called 'Saksham Niveshak' aimed at:

1. Updating shareholders' KYC details
2. Facilitating claims for unpaid dividends
3. Preventing transfer of unclaimed dividends and shares to the Investor Education and Protection Fund Authority (IEPFA)

Key Dates for Shareholders

Shareholders are urged to update their KYC details, including PAN, bank account information, nominee registration, and contact information. This is particularly crucial as SEBI has mandated dividend issuance in electronic mode only.

The company emphasizes the importance of claiming unpaid dividends, as unclaimed dividends for seven consecutive years, along with corresponding shares, are liable to be transferred to the IEPFA.

Sundram Fasteners' proactive approach in declaring a substantial dividend and launching the 'Saksham Niveshak' campaign demonstrates its commitment to shareholder value and regulatory compliance. Investors are advised to take prompt action to ensure they receive their entitled benefits and maintain up-to-date records with the company.

Sundram Fasteners Limited , a leading player in the automotive components sector, has announced a substantial interim dividend of Rs 3.75 per share for the financial year 2025-26. This declaration, representing a 375% dividend on the face value of Re 1 per share, comes on the heels of the company's robust financial performance for the quarter and half-year ended September 30, 2025.

Financial Highlights

The company's board of directors approved the interim dividend in a meeting held on October 28, 2025. This decision aligns with Sundram Fasteners' commitment to delivering value to its shareholders. The dividend marks a significant 25% increase compared to the corresponding period in the previous year, reflecting the company's strong financial position and confidence in its future prospects.

Record Date and Payment

Shareholders should note the following key dates:

The record date is set for November 4, 2025, to determine the shareholders eligible to receive the interim dividend. The company plans to disburse the dividend to eligible shareholders on November 20, 2025.

Strong Financial Performance

The interim dividend announcement is backed by Sundram Fasteners' impressive financial results for the quarter and half-year ended September 30, 2025:

The company reported its highest-ever consolidated net profit of Rs 300.69 crores for the half-year, surpassing the Rs 300 crore mark for the first time. This performance demonstrates Sundram Fasteners' resilience and strategic growth in challenging market conditions.

Domestic Growth and Market Position

Sundram Fasteners has shown remarkable growth in the domestic market. For the quarter ended September 30, 2025, domestic sales reached Rs 956.94 crores, marking an 11.2% increase from the previous year. This growth underscores the company's strong position in the Indian automotive components market.

Future Outlook

The company's strategic investments and focus on diversification are evident in its capital expenditure of Rs 149.67 crores for the half-year ended September 30, 2025. These investments are aimed at scaling up operations in non-automotive, electric vehicle (EV), hybrid, and adjacent sectors, positioning Sundram Fasteners for future growth opportunities.

As Sundram Fasteners continues to strengthen its presence in international markets, particularly in Europe, and invests in cutting-edge technologies, it appears well-positioned to maintain its growth trajectory and market leadership in the automotive components sector.

The substantial interim dividend and strong financial performance reflect Sundram Fasteners' robust business model and its ability to create value for shareholders even in a dynamic market environment.