Sundaram Finance board approves raising up to ₹17,000 crore via NCDs.
The funds will be raised through private placement of non-convertible debentures.
Sundaram Finance approves a ₹16/share dividend, reinforcing shareholder value commitment.
Livesquawk •
Sundaram Finance's Q3 consolidated net profit rose to ₹5.4B from ₹4.6B YoY.
This indicates a positive growth trend in the company's financial performance.