HDFC Asset Management Company Limited has informed the Exchange about date of AGM and Record Date for eligibility of Dividend
HDFCAMC · price
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HDFC Asset Management Company Limited has announced the outcome of its Board meeting held on May 21, 2026. The Board has fixed the 27th Annual General Meeting (AGM) for June 24, 2026, and set the Record Date as June 5, 2026, for determining shareholders eligible to receive the final dividend. The Company had earlier recommended a final dividend of Rs. 54 per equity share of Rs. 5 face value for FY2026, subject to shareholder approval at the AGM. The dividend will be remitted within regulatory timelines after the AGM.
The announcement confirms a substantial dividend of Rs. 54 per share (1080% of face value), indicating a positive return for shareholders. The stock may see a mild positive reaction as the record date approaches, giving eligible shareholders clarity on dividend entitlement.