Announced Wed, 24 Jun · 19:01 IST
HDFC AMC 27th AGM: All resolutions approved, dividend of Rs 54 per share declared
Board & Shareholder Meetings View source PDF
HDFCAMC · price
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AI summary
HDFC AMC held its 27th AGM on June 24, 2026 via video conferencing. All three resolutions were passed with requisite majority: adoption of FY26 standalone and consolidated financial statements (99.9999 percent in favor), dividend of Rs 54 per equity share of Rs 5 face value (99.9999 percent in favor), and re-appointment of V. Srinivasa Rangan as Non-Executive Non-Independent Director (94.47 percent in favor). Auditors issued unqualified reports.
Likely market impact
Dividend of Rs 54 per share confirmed for FY26. Near-unanimous shareholder approval signals strong confidence in company and management.