HDB Financial Services Limited has informed the Exchange regarding Appointment of Mr Natarajan Srinivasan as Non- Executive Independent Director of the company w.e.f. May 14, 2026.
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HDB Financial Services has appointed Mr. Natarajan Srinivasan as Non-Executive Chairman and Additional Independent Director for a 3-year term starting May 14, 2026. He is a chartered accountant and company secretary with over 40 years of experience, previously serving as Executive Vice Chairman and MD of Cholamandalam Investment and Finance Company Limited. The board meeting also approved re-appointment of Mr. Jimmy Tata as Non-Executive Non-Independent Director, scheduled the 19th AGM for June 25, 2026, and recommended a final dividend of Rs. 2 per share for FY2026.
The appointment of a seasoned financial services veteran as independent chairman strengthens board governance and oversight. This is a positive development for shareholders, bringing experienced leadership amid regulatory focus on NBFC governance.