HDFC Asset Management Company Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on Jun 25, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
HDFCAMC · price
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HDFC Asset Management Company held its 26th AGM on June 25, 2025 via video conferencing, chaired by Mr. Deepak Parekh with all directors present. Shareholders approved all four resolutions with overwhelming majority, including adoption of audited standalone and consolidated financial statements for FY25, which received 99.9997% votes in favour. A dividend of ₹90 per equity share (on face value of ₹5) for FY25 was approved with 99.9997% support. The reappointment of Mr. Deepak S. Parekh as Non-Executive Non-Independent Director and Chairman was passed as a special resolution with 98.595% approval, while the appointment of Secretarial Auditors received 99.6432% support. Total voting participation stood at around 85.7% of outstanding shares, with 4,39,943 shareholders on record.
This is a routine AGM outcome filing with all resolutions passing easily, signalling smooth corporate governance and shareholder approval of management's decisions. The ₹90 dividend (a strong payout) is positive for shareholders, and the comfortable reappointment of Deepak Parekh confirms leadership continuity with no governance concerns.