Suryoday Small Finance Bank Recommends Dividend; Record Date Set for Final Payout
Suryoday Small Finance Bank Limited announced details regarding a recommended final dividend for shareholders of its equity shares. The Board of Directors proposed a dividend amount of Rs. 1.50 per Equity Share, which is 15% of the share’s face value.The dividend recommendation pertains to the Financial Year ended March 31, 2026, and is subject to approval by shareholders at the ensuing 18th Annual General Meeting (AGM) scheduled for Thursday, August 06, 2026.
Dividend Details and Timeline
The Bank fixed Friday, July 17, 2026, as the Record Date to determine the entitlement of members eligible for this dividend. If approved by shareholders at the AGM, the payment of the dividend is scheduled within 30 days from the date of approval or declaration, which means on or before September 05, 2026.
Key details regarding the proposed payment are summarized below:
| Detail | Specification |
|---|---|
| Bank Name | Suryoday Small Finance Bank Limited |
| Face Value per Share | Rs. 10/- |
| Recommended Dividend Amount | Rs. 1.50 per Equity Share |
| Dividend Percentage | 15% of Face Value |
| Record Date | Friday, July 17, 2026 |
| AGM Date | Thursday, August 06, 2026 |
| Payment Deadline (Post AGM) | On or before September 05, 2026 |
As per the Income Tax Act, 2025, dividend paid or distributed by the Bank is taxable in the hands of the shareholders. Consequently, the payment will be subject to deduction of tax at source (TDS), as applicable, and it will be distributed among eligible members based on the prescribed timeline. Shareholders are required to ensure that their details are updated with the Depository Participants to comply with applicable TDS provisions upon dividend declaration.
SURYODAY Stock Price Movement
Suryoday Small Finance Bank Limited closed lower today in the post-market session, settling at ₹182.15 after shedding 0.14%. The stock saw a total traded volume of 650,606 shares during the day.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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