Intimation under Regulation 30 and 51 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
HDBFS · price
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HDB Financial Services' Board meeting on May 14, 2026 approved several key items. Mr. Natarajan Srinivasan, a veteran with 40+ years of experience including leadership roles at Cholamandalam Investment and CG Power, has been appointed as Non-Executive Chairman and Additional Independent Director for 3 years. The Board also recommended a final dividend of Rs. 2 per equity share for FY 2026, subject to shareholder approval at the 19th AGM scheduled for June 25, 2026. Mr. Jimmy Tata has been recommended for re-appointment as Non-Executive Non-Independent Director. The record date for dividend eligibility is June 18, 2026.
The appointment of an experienced industry veteran as Chairman could boost investor confidence. The dividend of Rs. 2 per share provides income visibility for shareholders ahead of the AGM.