HDFC Life: ₹1,000 Cr Preferential Issue to HDFC Bank; ₹2.10 Dividend

HDFC Life Insurance Company Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board recommended a final dividend of ₹2.10 per equity share for FY26, with a record date of June 19, 2026, and payment on or after July 20, 2026. The 26th Annual General Meeting (AGM) is scheduled for July 16, 2026. Additionally, the Board approved the re-appointment of Mr. Niraj Shah as Executive Director & Chief Financial Officer for a period of five years, effective April 26, 2026. A significant decision was the approval of a preferential issue of 1,45,23,906 equity shares at ₹688.52 per share, aggregating to ₹1,000 crore, to HDFC Bank Limited, subject to necessary approvals.