HDFC Asset Management Company Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 25, 2025 and Annual Report for FY 2024-25
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HDFC Asset Management Company has informed the exchanges that its 26th Annual General Meeting will be held on Wednesday, June 25, 2025 at 3:00 PM (IST) through video conferencing. The AGM will consider adoption of audited standalone and consolidated financial statements for FY25, declaration of a final dividend of ₹90 per equity share (on face value of ₹5), re-appointment of Mr. Deepak S. Parekh (aged 80) as Non-Executive Non-Independent Director and Chairman via special resolution, and appointment of M/s. Makarand M. Joshi & Co. as Secretarial Auditors for five years from April 1, 2025 to March 31, 2030. The record date for dividend entitlement is June 6, 2025, and the e-voting cut-off date is June 18, 2025, with remote e-voting open from June 21 to June 24, 2025. The annual report and notice are being sent electronically to members and uploaded on the company's website.
The ₹90 per share final dividend is positive news for shareholders, reflecting strong earnings and consistent capital returns. The re-appointment of long-standing Chairman Deepak S. Parekh provides leadership continuity, while the AGM itself is a routine regulatory event with no material surprises expected for the stock.