Board Meeting14 May 2026, 05:31 pm
HDB Financial Services Appoints Natarajan Srinivasan as Chairman
AI Summary
HDB Financial Services Ltd has appointed Mr. Natarajan Srinivasan as a Non-Executive Chairman and an Additional Independent Director for a term of three years, effective from May 14, 2026, to May 13, 2029. The board also approved the re-appointment of Mr. Jimmy Tata as a Non-Executive Non-Independent Director, subject to shareholder approval at the upcoming 19th Annual General Meeting scheduled for June 25, 2026. Additionally, a final dividend of ₹2 per equity share has been recommended for the financial year ended March 31, 2026, with a record date of June 18, 2026.
Key Highlights
- Natarajan Srinivasan appointed as Non-Executive Chairman and Independent Director.
- Jimmy Tata re-appointed as Non-Executive Non-Independent Director, subject to approval.
- 19th Annual General Meeting scheduled for June 25, 2026, via video conferencing.
- Final dividend of ₹2 per share recommended for FY26, record date June 18, 2026.
Price Impact
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