Sundaram Brake Linings Announces Dividend Recommendation and Sets Date for 52nd Annual General Meeting
Sundaram Brake Linings Limited has set the date for its upcoming general meeting and announced a dividend recommendation based on a board decision. The company informed stakeholders about the details of both the AGM and the record date essential for dividend entitlement.The 52nd Annual General Meeting (AGM) of Sundaram Brake Linings Limited is scheduled to be held on Friday, July 24, 2026. The meeting will utilize Video Conferencing or other Audio-Visual Means.
Dividend and Record Date Details
Following a Board meeting held on Monday, May 25, 2026, the directors recommended a dividend of 30.65/- per equity share. This payment represents 6.5% of the face value of the shares, which are valued at less than 10/- per share. The dividend is subject to final approval by the shareholders during the 52nd AGM.
To determine the entitlement of members for this financial year ended March 31, 2026, the company has fixed Friday, July 17, 2026, as the Record Date.
The recommended dividend will be paid on or after Wednesday, July 29, 2026. The payment applies to all beneficial owners holding shares in dematerialized form as of the close of business hours on July 17, 2026, and all members with shares in physical form provided they have completed valid transmission or transposition requests by the same deadline.
SUNDRMBRAK Stock Price Movement
Shares of Sundaram Brake Linings Limited are edging higher to ₹735.65 as of 3:21 PM today, gaining 0.93% in live trading. Traded volume stands at 9,249 shares, with the stock maintaining a solid position well above its daily low of ₹712.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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