HDFC Asset Management Company Limited has informed the Exchange regarding Appointment of Mr. Shobhit Mehrotra as Head New Initiatives Fixed Income of the company w.e.f. March 16, 2026.
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HDFC AMC has announced a change in its Fixed Income leadership. Mr. Shobhit Mehrotra, who has been with the company since February 2004, will step down as Head – Fixed Income from March 7, 2026 upon reaching superannuation age. He will continue with the company in a new role as Head – New Initiatives – Fixed Income starting March 16, 2026. Mr. Anil Bamboli, currently Senior Fund Manager – Fixed Income (with the company since July 2003), will take over as Head – Fixed Income from March 7, 2026. Both will report to MD & CEO Mr. Navneet Munot. The changes were approved by the Board on March 6, 2026 based on the Nomination and Remuneration Committee's recommendation.
This is a routine internal succession and talent retention move. Continuity is maintained as an experienced internal candidate (Bamboli) takes over the Fixed Income function, while Mehrotra's expertise is preserved in a strategic advisory role. No material impact expected on business operations or shareholders.