Sundaram-Clayton Ltd (NSE: SUNCLAY) has announced an interim dividend of ₹5.15 per share (103%) for the financial year ending March 31, 2025. The decision was made during a board meeting held on March 21, 2025. The dividend will be paid to shareholders whose names appear in the company's records as of April 4, 2025, the record date. This payout, totaling ₹10.42 crore, will be distributed within 30 days of the declaration. The company's share price closed at ₹1,918.50 on March 21, 2025, down 1.43% for the day. Sundaram-Clayton, a key player in the automotive components sector, continues to maintain a strong dividend policy despite challenging market conditions.
Source: Compiled from BSE filings, company announcements, and financial reports