Announced Thu, 17 Apr · 15:13 IST

HDFC Asset Management Company Limited has informed the Exchange that Board of Directors at its meeting held on April 17, 2025, recommended Final Dividend of Rs. 90 per equity share.

Corporate Actions View source PDF

HDFCAMC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of HDFC Asset Management Company met on April 17, 2025 and recommended a Final Dividend of Rs. 90 per equity share for its shareholders. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. Once approved, it will be paid to shareholders who are on the company's register as of the record date, which will be announced separately. The payout reflects the company's strong cash generation and its commitment to sharing profits with shareholders.

Likely market impact

Positive near-term signal for income-seeking shareholders, as the dividend rewards long-term holders. The stock may see minor price adjustment on the ex-dividend date once the record date is announced.