HDFC Life Board approves FY26 results, ₹2.10 dividend, ₹1,000 Cr preferential issue

HDFC Life Insurance Company Ltd's Board of Directors, at their meeting on April 16, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with unmodified audit opinions. The Board recommended a final dividend of ₹2.10 per equity share for FY26, subject to shareholder approval, with a record date of June 19, 2026. The 26th Annual General Meeting is scheduled for July 16, 2026. Additionally, the Board approved the re-appointment of Mr. Niraj Shah as Executive Director & CFO for a five-year term effective April 26, 2026, subject to approvals. A preferential issue of 1,45,23,906 equity shares to HDFC Bank Limited, aggregating to ₹1,000 crore at ₹688.52 per share, was also approved, pending shareholder and regulatory consents.