Announced Fri, 26 Jun · 17:46 IST

CAMS addendum to AGM notice: revised director remuneration proposal

Board & Shareholder Meetings View source PDF

CAMS · price

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Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹801.00
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₹785.00
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AI summary

CAMS issued an addendum to its 38th AGM notice for the meeting on July 7, 2026, adding details on a proposal to raise Non-Executive and Independent Director remuneration. The existing 1 percent of net profits commission cap was set in August 2023. Proposed pay: Chairman Dinesh Mehrotra at Rs. 40 lakhs and four Independent Directors at Rs. 36 lakhs each, within the same 1 percent net profit cap. Valid for five years, pending shareholder approval.

Likely market impact

Shareholder approval sought at AGM; director pay stays within existing 1 percent net profit cap, so limited impact on company finances.