HDFC Asset Management Company announced that the Board of Directors of the Company at its meeting held on 19 April 2024, inter alia, have recommended the final dividend of Rs 70 per equity Share (i.e. 1400%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

HDFC Asset Management Company has granted 18,000 stock options under ESOS on 10 April 2024. Powered by Capital Market - Live News

HDFC Asset Management Company will hold a meeting of the Board of Directors of the Company on 19 April 2024.Powered by Capital Market - Live News

Net profit of HDFC Asset Management Company rose 32.57% to Rs 489.72 crore in the quarter ended December 2023 as against Rs 369.40 crore during the previous quarter ended December 2022. Sales rose 19.97% to Rs 671.32 crore in the quarter ended December 2023 as against Rs 559.56 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales671.32559.56 20 OPM %76.1873.83 - PBDT651.68514.09 27 PBT638.61500.72 28 NP489.72369.40 33 Powered by Capital Market - Live News

HDFC Asset Management Company has appointed V. Srinivasa Rangan (DIN: 00030248) as an Additional (Non-Executive Non-Independent) Director of the Company. Rangan will be Nominee Director representing HDFC Bank, Promoter of the Company.Powered by Capital Market - Live News