StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting14 May 2026, 05:21 pm

HDB Financial Services: Natarajan Srinivasan Appointed Chairman

AI Summary

HDB Financial Services Ltd announced the appointment of Mr. Natarajan Srinivasan as Non-Executive Chairman and Additional Independent Director for a 3-year term starting May 14, 2026. The company also re-appointed Mr. Jimmy Tata as a Non-Executive Non-Independent Director, subject to shareholder approval at the 19th AGM on June 25, 2026, which will be held via video conferencing. The board has recommended a final dividend of ₹2 per equity share for FY26, with a record date of June 18, 2026.

Key Highlights

  • Natarajan Srinivasan appointed Non-Executive Chairman, effective May 14, 2026.
  • Jimmy Tata re-appointed as Non-Executive Non-Independent Director, subject to AGM approval.
  • 19th AGM scheduled for June 25, 2026, via video conferencing.
  • Final dividend of ₹2 per share recommended for FY26, record date June 18, 2026.