HDFC Life Insurance Company logo

HDFC Life Insurance Company CEO, MD, chairman, board of directors and AGM

NSE: HDFCLIFEBSE: 540777InsuranceLarge Cap

Formerly HDFC Standard Life Insurance Company
Last close ₹523.75down ₹4.60 (0.87%)BSE ₹523.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹528.35.

52-week range of traded prices to 23 Oct 2026
₹508.70Low, 10 Sep 2026₹788.50High, 26 Nov 2025
Market cap
₹1,13,789 Cr65th largest listed
P/E
55.5
P/B
5.8
Dividend yield
0.40%
ROE
11.2%
Solvency
1.80times the capital required
Gross premium
₹79,493 Cr
First-year premium
₹13,959 Cr
Expense ratio
21.18%
Persistency, 13 months
84.85%
Conservation
85.50%
Volume, NSE
14,34,13138.6% delivered

HDFC Life Insurance Company board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonKEKI M MISTRY
  • Managing director and CEOVIBHA PADALKAR
  • Company Secretary and Compliance OfficerNagesh Pai

11 directors6 independent3 executive2 non-executive

  • KEKI M MISTRY · ChairpersonNon-executive · joined Dec 2000 · 4 listed boards · 2 as independent · 6 committee seats, 4 as chair
  • SUMIT BOSEIndependent · joined Jul 2016 · reappointed Jul 2021 · 119 months as independent · 3 listed boards · 3 as independent · 8 committee seats, 4 as chair
  • KETAN ARVIND DALALIndependent · joined Jul 2017 · reappointed Jul 2022 · 107 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 5 as chair
  • BHARTI GUPTA RAMOLAIndependent · joined Feb 2019 · reappointed Feb 2024 · 88 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 1 as chair
  • VIBHA PADALKAR · Managing director and CEOExecutive · joined Sep 2018 · 2 listed boards · 1 as independent · 3 committee seats
  • BHASKAR GHOSHIndependent · joined Apr 2023 · reappointed Apr 2023 · 38 months as independent · 1 listed board · 1 as independent
  • NIRAJ ASHWIN SHAHExecutive · joined Apr 2023 · 1 listed board
  • KAIZAD MANECK BHARUCHANominee, non-executive · joined Nov 2023 · 2 listed boards · 1 committee seat
  • VENKATRAMAN SRINIVASANIndependent · joined Apr 2024 · 26 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 2 as chair
  • SUBODH KUMAR JAISWALIndependent · joined May 2024 · 25 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
  • VINEET ARORAExecutive · joined May 2025 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • SURESH BADAMI, left 8 Oct 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 21 Apr 202611 of 11 present6 independent · 4 days in between
    • 16 Apr 202611 of 11 present6 independent · 90 days in between
    • 15 Jan 202611 of 11 present6 independent
  • Audit Committee

    Chair KETAN ARVIND DALAL

    SUMIT BOSE, VENKATRAMAN SRINIVASAN

    • 16 Apr 20263 of 3 present3 independent
    • 15 Apr 20263 of 3 present3 independent · 26 days in between
    • 19 Mar 20263 of 3 present3 independent · 8 days in between
    • 10 Mar 20263 of 3 present3 independent · 25 days in between
    4 earlier meetings
    • 12 Feb 20263 of 3 present3 independent · 14 days in between
    • 28 Jan 20263 of 3 present3 independent · 12 days in between
    • 15 Jan 20263 of 3 present3 independent · no day in between
    • 14 Jan 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair SUMIT BOSE

    KAIZAD MANECK BHARUCHA, BHARTI GUPTA RAMOLA

    • 10 Jun 20263 of 3 present2 independent
    • 21 Apr 20263 of 3 present2 independent
    • 16 Apr 20263 of 3 present2 independent · 38 days in between
    • 8 Mar 20263 of 3 present2 independent · 52 days in between
    1 earlier meeting
    • 14 Jan 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair KEKI M MISTRY

    VIBHA PADALKAR, KETAN ARVIND DALAL

    • 16 Apr 20263 of 3 present1 independent
  • Risk Management Committee

    Chair BHARTI GUPTA RAMOLA

    VENKATRAMAN SRINIVASAN, SUMIT BOSE, VIBHA PADALKAR, NIRAJ ASHWIN SHAH, ESHWARI MURUGAN, KHUSHRU SIDHWA

    • 15 Apr 20265 of 5 present3 independent · 18 days in between
    • 27 Mar 20265 of 5 present3 independent · 72 days in between
    • 13 Jan 20265 of 5 present3 independent
  • Corporate Social Responsibility Committee

    Chair SUBODH KUMAR JAISWAL

    NIRAJ ASHWIN SHAH, BHASKAR GHOSH

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditors

Named in the results for the quarter to Mar 2026.

  • M/s GM Kapadia &Co.Peer-review certificate valid to Apr 2027
  • M/s BSR & Co. LLPPeer-review certificate valid to Jul 2028
1 earlier auditor
  • M/s GM Kapadia & Co.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

HDFC Life Insurance Company AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.HDFC Life Insurance Company dividend history

Annual general meeting, 16 Jul 2026

7,26,426 shareholders on the register on 9 Jul 2026; present: 1 promoter and 110 others; votes counted by Vaibhav Dandawate / M/s. Makarand M Joshi & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2026 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; and (b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2026 and the balance sheet as at that date, together with the report of the auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 88.82% · promoters 98.68% · institutions 88.42% · other public 40.56%

  2. To declare dividend of ₹ 2.10/- per equity share for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 88.94% · promoters 98.68% · institutions 88.70% · other public 40.56%

  3. To appoint a director in place of Mr Kaizad Bharucha (DIN: 02490648), who retires by rotation and, being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    97.22% for2.78% against

    Against: promoters 0.00% · institutions 7.07% · other public 0.06%

    Turnout: all 88.93% · promoters 98.68% · institutions 88.70% · other public 40.56%

  4. Appointment of KKC & Associates LLP (Formerly Khimji Kunverji & Co LLP), Chartered Accountants, as one of the Joint Statutory Auditors
    Ordinary
    99.40% for0.60% against

    Against: promoters 0.00% · institutions 1.51% · other public 0.03%

    Turnout: all 88.93% · promoters 98.68% · institutions 88.70% · other public 40.56%

  5. Payment of remuneration to Joint Statutory Auditors
    Ordinary
    99.16% for0.84% against

    Against: promoters 0.00% · institutions 2.12% · other public 0.03%

    Turnout: all 88.93% · promoters 98.68% · institutions 88.70% · other public 40.56%

  6. Re-appointment of Mr Niraj Shah (DIN: 09516010), as the Executive Director & Chief Financial Officer and to fix his remuneration
    Ordinary
    99.38% for0.62% against

    Against: promoters 0.00% · institutions 1.56% · other public 0.06%

    Turnout: all 88.93% · promoters 98.68% · institutions 88.70% · other public 40.56%

  7. Re-appointment of Ms Vibha Padalkar (DIN: 01682810), as the Managing Director & Chief Executive Officer and to fix her remuneration
    Ordinary
    99.41% for0.59% against

    Against: promoters 0.00% · institutions 1.50% · other public 0.04%

    Turnout: all 88.90% · promoters 98.68% · institutions 88.70% · other public 40.27%

  8. Revision in remuneration of Mr Vineet Arora (DIN: 07948010), Executive Director & Chief Business Officer
    Ordinary
    99.58% for0.42% against

    Against: promoters 0.00% · institutions 1.07% · other public 0.06%

    Turnout: all 88.93% · promoters 98.68% · institutions 88.70% · other public 40.56%

  9. Approval of related party transactions with HDFC Bank Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 39.04% · promoters 0.00% · institutions 88.70% · other public 40.26%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 16 May 2026, 1 resolution

6,94,891 shareholders on the register on 10 Apr 2026; votes counted by Vaibhav Dandawate / Makarand M. Joshi & Co..The company's voting result (opens in a new tab)

  1. Creation, offer, issue and allotment of 1,45,23,906 equity shares on preferential basis to HDFC Bank Limited, Promoter of the Company, and matters related therewith
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 90.20% · promoters 100.00% · institutions 90.30% · other public 40.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 16 Jul 2025, 14 resolutions

7,60,276 shareholders on the register on 9 Jul 2025; present: 1 promoter and 122 others; votes counted by Omkar Dindorkar / M/s. MMJB & Associates LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2025 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; and (b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2025 and the balance sheet as at that date, together with the report of the auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 83.79% · promoters 96.53% · institutions 79.27% · other public 39.45%

  2. To declare dividend of ₹ 2.10/- per equity share for the financial year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.01%

    Turnout: all 84.90% · promoters 96.53% · institutions 82.09% · other public 39.45%

  3. To appoint a Director in place of Ms. Vibha Padalkar (DIN: 01682810) who retires by rotation and, being eligible, offers herself for re-appointment.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.25% · other public 0.01%

    Turnout: all 84.90% · promoters 96.53% · institutions 82.09% · other public 39.45%

  4. Payment of remuneration to Joint Statutory Auditors.
    Ordinary
    99.03% for0.97% against

    Against: promoters 0.00% · institutions 2.57% · other public 0.01%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.45%

  5. Appointment of M/s Mehta & Mehta, Company Secretaries as the Secretarial Auditor and payment of their remuneration.
    Ordinary
    99.58% for0.42% against

    Against: promoters 0.00% · institutions 1.12% · other public 0.01%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.44%

  6. Payment of remuneration in the form of profit-related commission to Non-Executive Directors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.03%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.45%

  7. Appointment of Mr. Vineet Arora (DIN: 07948010), as Whole-time Director (designated as Executive Director & Chief Business Officer) and to fix his remuneration.
    Ordinary
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 2.12% · other public 0.04%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.45%

  8. Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer.
    Ordinary
    99.40% for0.60% against

    Against: promoters 0.00% · institutions 1.57% · other public 0.02%

    Turnout: all 84.90% · promoters 96.53% · institutions 82.09% · other public 39.45%

  9. Revision in remuneration of Mr. Niraj Shah (DIN: 09516010), Executive Director & Chief Financial Officer.
    Ordinary
    99.40% for0.60% against

    Against: promoters 0.00% · institutions 1.57% · other public 0.04%

    Turnout: all 84.90% · promoters 96.53% · institutions 82.09% · other public 39.45%

  10. Approval of related party transactions with HDFC Bank Limited.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.01%

    Turnout: all 36.29% · promoters 0.00% · institutions 81.98% · other public 39.18%

  11. Approval of Employee Stock Option Scheme 2025.
    Special
    99.45% for0.55% against

    Against: promoters 0.00% · institutions 1.44% · other public 0.02%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.45%

  12. Approval of Employee Stock Option Scheme 2025 for the eligible employees of the subsidiary company(ies).
    Special
    99.58% for0.42% against

    Against: promoters 0.00% · institutions 1.11% · other public 0.03%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.45%

  13. Approval of Performance Restricted Stock Units Scheme 2025.
    Special
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 1.19% · other public 0.05%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.45%

  14. Approval of Performance Restricted Stock Units Scheme - 2025 for the eligible employees of the subsidiary company(ies).
    Special
    99.61% for0.39% against

    Against: promoters 0.00% · institutions 1.03% · other public 0.05%

    Turnout: all 84.85% · promoters 96.53% · institutions 81.98% · other public 39.45%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 15 Jul 2024, 15 resolutions

Present: 2 promoters and 91 others.The company's voting result (opens in a new tab)

  1. (a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2024 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; andn(b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2024 and the balance sheet as at that date, together with the report of the auditors thereon.MoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.14% · other public 0.00%

    Turnout: all 86.34% · promoters 100.00% · institutions 83.95% · other public 35.21%

  2. To declare dividend of 2/- per equity share for the financial year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 87.13% · promoters 100.00% · institutions 86.02% · other public 35.21%

  3. To appoint a Director in place of Mr. Keki M. Mistry (DIN: 00008886) who retires by rotation and, being eligible, offers himself for reappointment
    Ordinary
    97.66% for2.34% against

    Against: promoters 0.00% · institutions 6.24% · other public 0.01%

    Turnout: all 87.12% · promoters 100.00% · institutions 86.02% · other public 35.21%

  4. Appointment of one of the Joint Statutory Auditors - M/s BSR & Co. LLP, Chartered Accountants (Firm Registration no.: 101248W/W-100022)
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.41% · other public 0.01%

    Turnout: all 87.12% · promoters 100.00% · institutions 86.02% · other public 35.21%

  5. Approve payment of remuneration to Joint Statutory Auditors.
    Ordinary
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 1.92% · other public 0.01%

    Turnout: all 87.09% · promoters 100.00% · institutions 85.92% · other public 35.21%

  6. Appointment of Mr. Venkatraman Srinivasan (DIN: 00246012), as an Independent Director
    Special
    98.29% for1.71% against

    Against: promoters 0.00% · institutions 4.55% · other public 0.01%

    Turnout: all 87.12% · promoters 100.00% · institutions 86.02% · other public 35.21%

  7. Appointment of Mr. Subodh Kumar Jaiswal (DIN: 08195141), as an Independent Director.
    Special
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.68% · other public 0.01%

    Turnout: all 87.09% · promoters 100.00% · institutions 85.92% · other public 35.21%

  8. Amendments to Articles of Association
    SpecialPromoters have an interest in it
    98.16% for1.84% against

    Against: promoters 0.00% · institutions 4.97% · other public 0.01%

    Turnout: all 86.45% · promoters 100.00% · institutions 84.25% · other public 35.21%

  9. Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer.
    Ordinary
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.81% · other public 0.04%

    Turnout: all 87.12% · promoters 100.00% · institutions 86.02% · other public 35.21%

  10. Revision in remuneration of Mr. Suresh Badami (DIN: 08224871), Deputy Managing Director
    Ordinary
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.82% · other public 0.04%

    Turnout: all 87.11% · promoters 100.00% · institutions 86.02% · other public 35.13%

  11. Revision in remuneration of Mr. Niraj Shah (DIN: 09516010), Executive Director & Chief Financial Officer.
    Ordinary
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.82% · other public 0.06%

    Turnout: all 87.12% · promoters 100.00% · institutions 86.02% · other public 35.21%

  12. Approval of related party transactions with HDFC Bank Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 36.74% · promoters 0.00% · institutions 86.02% · other public 35.09%

  13. Approval of related party transactions with HDB Financial Services Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 36.74% · promoters 0.00% · institutions 86.02% · other public 35.09%

  14. Approval of Employee Stock Option Scheme 2024.
    Special
    98.90% for1.10% against

    Against: promoters 0.00% · institutions 2.92% · other public 0.05%

    Turnout: all 87.11% · promoters 100.00% · institutions 86.02% · other public 35.13%

  15. Approval of special rights available to HDFC Bank Limited
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 87.11% · promoters 100.00% · institutions 86.02% · other public 35.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Jan 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. Re-appointment of Ms. Bharti Gupta Ramola (DIN:00356188) as an Independent Director, for a second term of five (5) consecutive years
    Special
    96.49% for3.51% against

    Against: promoters 0.00% · institutions 9.28% · other public 0.03%

    Turnout: all 85.14% · promoters 96.53% · institutions 85.00% · other public 36.70%

  2. Appointment of Mr. Kaizad Bharucha (DIN: 02490648) as a Non-Executive Director (Nominee of HDFC Bank Ltd., Promoter of the Company)
    Ordinary
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 1.08% · other public 0.01%

    Turnout: all 85.14% · promoters 96.53% · institutions 85.00% · other public 36.70%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Jul 2023, 11 resolutions

Present: 1 promoter and 112 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:n(a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year nended March 31, 2023 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; andn(b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year nended March 31, 2023 and the balance sheet as at that date, together with the report of the auditors thereonMoreLess
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.07% · other public 0.00%

    Turnout: all 86.00% · promoters 96.53% · institutions 88.85% · other public 35.29%

  2. To declare dividend on equity shares for the financial year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.45% · promoters 96.53% · institutions 90.07% · other public 35.29%

  3. Payment of remuneration to Joint Statutory Auditors
    Ordinary
    99.31% for0.69% against

    Against: promoters 0.00% · institutions 1.78% · other public 0.00%

    Turnout: all 86.34% · promoters 96.53% · institutions 89.79% · other public 35.29%

  4. Non-filling-up the vacancy caused by the retirement of Ms. Renu Sud Karnad (DIN: 00008064), Non-Executive Director
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.10% · other public 0.03%

    Turnout: all 86.33% · promoters 96.53% · institutions 89.76% · other public 35.29%

  5. Appointment of Dr. Bhaskar Ghosh (DIN: 06656458), as an Independent Director
    Special
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.34% · other public 0.03%

    Turnout: all 86.34% · promoters 96.53% · institutions 89.79% · other public 35.29%

  6. Appointment of Mr. Niraj Shah (DIN: 09516010), as Whole-time Director (designated as Executive Director and Chief Financial Officer) and to nfix his remuneration
    Ordinary
    99.31% for0.69% against

    Against: promoters 0.00% · institutions 1.79% · other public 0.01%

    Turnout: all 86.34% · promoters 96.53% · institutions 89.79% · other public 35.29%

  7. Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer
    Ordinary
    99.33% for0.67% against

    Against: promoters 0.00% · institutions 1.73% · other public 0.02%

    Turnout: all 86.34% · promoters 96.53% · institutions 89.79% · other public 35.29%

  8. Revision in remuneration of Mr. Suresh Badami (DIN: 08224871), Deputy Managing Director
    Ordinary
    99.33% for0.67% against

    Against: promoters 0.00% · institutions 1.73% · other public 0.02%

    Turnout: all 86.34% · promoters 96.53% · institutions 89.79% · other public 35.29%

  9. Approval of related party transactions with Housing Development Finance Corporation Limited
    OrdinaryPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.01%

    Turnout: all 37.74% · promoters 0.00% · institutions 90.07% · other public 34.83%

  10. Approval of related party transactions with HDFC Bank Limited.
    OrdinaryPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.01%

    Turnout: all 37.68% · promoters 0.00% · institutions 89.90% · other public 34.83%

  11. Alteration of Articles of Association of the Company
    Special
    98.70% for1.30% against

    Against: promoters 0.00% · institutions 3.39% · other public 0.00%

    Turnout: all 86.35% · promoters 96.53% · institutions 89.80% · other public 35.29%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 29 Aug 2022, 3 resolutions

The company's voting result (opens in a new tab)

  1. Issue of equity shares of the Company on preferential basis to Housing Development Finance Corporation Limited, Promoter of the Company and matters related therewith
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 86.95% · promoters 100.00% · institutions 90.76% · other public 29.98%

  2. Approval of Employee Stock Option Scheme – 2022
    Special
    93.40% for6.60% against

    Against: promoters 0.00% · institutions 18.38% · other public 0.14%

    Turnout: all 86.93% · promoters 100.00% · institutions 90.76% · other public 29.85%

  3. Approval of Employee Stock Option Scheme - 2022 for the eligible employees of the subsidiary company(ies) of the Company
    Special
    93.44% for6.56% against

    Against: promoters 0.00% · institutions 18.26% · other public 0.14%

    Turnout: all 86.93% · promoters 100.00% · institutions 90.76% · other public 29.85%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Jun 2022, 10 resolutions

Present: 1 promoter and 101 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:nA. the audited Standalone Revenue Account, Profit and Loss Account, and Receipts and Payments Account of the Company for the financial year ended March 31, 2022, and the Balance Sheet as at that date, together with the reports of the Directors and Auditors thereon; andnB. the audited Consolidated Revenue Account, Profit and Loss Account, and Receipts and Payments Account of the Company for the financial year ended March 31, 2022 and the Balance Sheet as at that date, together with the report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 86.58% · promoters 100.00% · institutions 88.61% · other public 31.79%

  2. To declare dividend on equity shares for the financial year ended March 31, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 87.47% · promoters 100.00% · institutions 91.20% · other public 31.79%

  3. To appoint a Director in place of Mr. Keki M. Mistry (DIN: 00008886) who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    94.39% for5.61% against

    Against: promoters 0.00% · institutions 15.55% · other public 0.05%

    Turnout: all 87.47% · promoters 100.00% · institutions 91.19% · other public 31.79%

  4. Payment of remuneration to Joint Statutory Auditors.
    Ordinary
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 0.94% · other public 0.04%

    Turnout: all 87.46% · promoters 100.00% · institutions 91.15% · other public 31.79%

  5. Re-appointment of Mr. Ketan Dalal (DIN: 00003236) as an Independent Director, for a second term.
    Special
    99.11% for0.89% against

    Against: promoters 0.00% · institutions 2.47% · other public 0.07%

    Turnout: all 87.43% · promoters 100.00% · institutions 91.09% · other public 31.79%

  6. Payment of profit-related commission to Non-Executive Independent Directors.
    Ordinary
    99.57% for0.43% against

    Against: promoters 0.00% · institutions 1.19% · other public 0.08%

    Turnout: all 87.46% · promoters 100.00% · institutions 91.15% · other public 31.79%

  7. Approval of related party transactions with Housing Development Finance Corporation Limited.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 35.69% · promoters 0.00% · institutions 91.19% · other public 29.93%

  8. Approval of related party transactions with HDFC Bank Limited.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 35.69% · promoters 0.00% · institutions 91.19% · other public 29.93%

  9. Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer
    Ordinary
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 2.18% · other public 0.06%

    Turnout: all 87.40% · promoters 100.00% · institutions 91.15% · other public 31.39%

  10. Revision in remuneration of Mr. Suresh Badami (DIN: 08224871), Executive Director
    Ordinary
    99.16% for0.84% against

    Against: promoters 0.00% · institutions 2.31% · other public 0.09%

    Turnout: all 87.44% · promoters 100.00% · institutions 91.15% · other public 31.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 16 Jul 2026, 18 fund houses so far (houses' deadline to file 15 Oct 2026)

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt: (a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2026 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; and (b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2026 and the balance sheet as at that date, together with the report of the auditors thereon.MoreLess
    17 for0 against
  • To declare dividend of ₹ 2.10/- per equity share for the financial year ended March 31, 2026
    18 for0 against
  • To appoint a director in place of Mr Kaizad Bharucha (DIN: 02490648), who retires by rotation and, being eligible, offers himself for re-appointment.
    18 for0 against
  • Appointment of KKC & Associates LLP (Formerly Khimji Kunverji & Co LLP), Chartered Accountants, as one of the Joint Statutory Auditors
    18 for0 against
  • Payment of remuneration to Joint Statutory Auditors
    18 for0 against
  • Re-appointment of Mr Niraj Shah (DIN: 09516010), as the Executive Director & Chief Financial Officer and to fix his remuneration
    18 for0 against
  • Re-appointment of Ms Vibha Padalkar (DIN: 01682810), as the Managing Director & Chief Executive Officer and to fix her remuneration
    18 for0 against
  • Revision in remuneration of Mr Vineet Arora (DIN: 07948010), Executive Director & Chief Business Officer
    18 for0 against
  • Approval of related party transactions with HDFC Bank Limited
    18 for0 against
1 proposal not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

Mutual fund votes, meeting of 16 May 2026, 44 fund houses

  • Creation, offer, issue and allotment of 1,45,23,906 equity shares on preferential basis to HDFC Bank Limited, Promoter of the Company, and matters related therewith
    44 for0 against
6 earlier meetings

Mutual fund votes, meeting of 16 Jul 2025, 38 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt: (a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2025 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; and (b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2025 and the balance sheet as at that date, together with the report of the auditors thereonMoreLess
    33 for0 against
  • To declare dividend of ₹ 2.10/- per equity share for the financial year ended March 31, 2025.
    37 for0 against
  • To appoint a Director in place of Ms. Vibha Padalkar (DIN: 01682810) who retires by rotation and, being eligible, offers herself for re-appointment.
    38 for0 against
  • Payment of remuneration to Joint Statutory Auditors.
    38 for0 against
  • Appointment of M/s Mehta & Mehta, Company Secretaries as the Secretarial Auditor and payment of their remuneration.
    Against Angel One Mutual Fund, Bank of India Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual Fund, Bank of India Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundGovernance and Transparency Concern: No rationale / justification provided for material / significant change in remuneration.
    • LIC Mutual FundConcern over: No rationale / justification provided for material / significant change in remuneration.
    28 for10 against
  • Payment of remuneration in the form of profit-related commission to Non-Executive Directors.
    37 for0 against
  • Appointment of Mr. Vineet Arora (DIN: 07948010), as Whole-time Director (designated as Executive Director & Chief Business Officer) and to fix his remuneration.
    37 for0 against
  • Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer.
    37 for0 against
  • Revision in remuneration of Mr. Niraj Shah (DIN: 09516010), Executive Director & Chief Financial Officer.
    37 for0 against
  • Approval of related party transactions with HDFC Bank Limited.
    38 for0 against
  • Approval of Employee Stock Option Scheme 2025.
    35 for0 against
  • Approval of Employee Stock Option Scheme 2025 for the eligible employees of the subsidiary company(ies).
    36 for0 against
  • Approval of Performance Restricted Stock Units Scheme 2025.
    35 for0 against
  • Approval of Performance Restricted Stock Units Scheme - 2025 for the eligible employees of the subsidiary company(ies).
    36 for0 against
14 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 8, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 11, as a fund house numbered it
    1 for0 against
  • Item 13, as a fund house numbered it
    1 for0 against
  • Item 14, as a fund house numbered it
    1 for0 against
  • Accept Financial Statements and Statutory Reports
    2 for0 against
  • Adoption of standalone and consolidated financial statements for the year ended 31 March 2025
    2 for0 against
  • Approve extension of HDFC Life Employee Stock Option Scheme – 2025 (ESOS 2025) to eligible employees of subsidiary companies
    2 for0 against
  • Approve HDFC Life Employee Stock Option Scheme – 2025 (ESOS 2025)
    2 for0 against
  • Approve HDFC Life Performance Restricted Stock Units Scheme – 2025 (PRSU 2025)
    2 for0 against

Mutual fund votes, meeting of 15 Jul 2024, 33 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • (a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2024 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; andn(b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2024 and the balance sheet as at that date, together with the report of the auditors thereon.MoreLess
    29 for0 against
  • To declare dividend of 2/- per equity share for the financial year ended March 31, 2024
    31 for0 against
  • To appoint a Director in place of Mr. Keki M. Mistry (DIN: 00008886) who retires by rotation and, being eligible, offers himself for reappointment
    32 for0 against
  • Appointment of one of the Joint Statutory Auditors - M/s BSR & Co. LLP, Chartered Accountants (Firm Registration no.: 101248W/W-100022)
    31 for0 against
  • Approve payment of remuneration to Joint Statutory Auditors.
    31 for0 against
  • Appointment of Mr. Venkatraman Srinivasan (DIN: 00246012), as an Independent Director
    Against Axis Mutual Fund, Bank of India Mutual Fund, DSP Mutual Fund, Invesco Mutual Fund, Sundaram Mutual Fund
    • Axis Mutual Fund, Bank of India Mutual Fund, DSP Mutual Fund, Invesco Mutual Fund, Sundaram Mutual FundVenkatraman Srinivasan, 65, is a Partner at V. Sankar Aiyar & Co., Chartered Accountants since 1984. He has been on the board of HDB Financial Services Limited, a promoter group company, since 30 June 2020. We consider overall group tenure while calculating his tenure on the board. Venkatraman Srinivasan serves on the board of five listed companies (including HDFC Life Insurance Company Limited). Given their full-time responsibilities, regulations allow whole-time directors of listed companies to be independent directors on a maximum of three listed companies. We believe that as Partner at V. Sankar Aiyar & Co., his responsibilities are equivalent to a whole-time directorship. Therefore, his high number of directorships on listed companies is not in keeping with the spirit of the regulation. Hence, we are unable to support the resolution.
    26 for5 against
  • Appointment of Mr. Subodh Kumar Jaiswal (DIN: 08195141), as an Independent Director.
    32 for0 against
  • Amendments to Articles of Association
    Against Bajaj Finserv Mutual Fund, Baroda BNP Paribas Mutual Fund, Groww Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Nippon India Mutual Fund, PGIM India Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
    • Bajaj Finserv Mutual Fund, Groww Mutual Fund, JM Financial Mutual Fund, LIC Mutual FundCompliant with law. Governance / Disclosure Concern: Disclosed AoA does not appear to be proposed Updated AoA.
    • Baroda BNP Paribas Mutual FundNon compliant by law.
    • Nippon India Mutual FundInadequate Disclosure
    • PGIM India Mutual Fund, PPFAS Mutual FundAoA allows appointment of alternate director to Independent director.
    • Zerodha Mutual FundDisclosed AoA does not appear to be updated AoA.
    22 for9 against
  • Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer.
    31 for0 against
  • Revision in remuneration of Mr. Suresh Badami (DIN: 08224871), Deputy Managing Director
    31 for0 against
  • Revision in remuneration of Mr. Niraj Shah (DIN: 09516010), Executive Director & Chief Financial Officer.
    31 for0 against
  • Approval of related party transactions with HDFC Bank Limited
    31 for0 against
  • Approval of related party transactions with HDB Financial Services Limited
    32 for0 against
  • Approval of Employee Stock Option Scheme 2024.
    31 for0 against
  • Approval of special rights available to HDFC Bank Limited
    29 for0 against
15 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundVenkatraman Srinivasan, 65, is a Partner at V. Sankar Aiyar & Co., Chartered Accountants since 1984. He has been on the board of HDB Financial Services Limited, a promoter group company, since 30 June 2020. We consider overall group tenure while calculating his tenure on the board. Venkatraman Srinivasan serves on the board of five listed companies (including HDFC Life Insurance Company Limited). Given their full-time responsibilities, regulations allow whole-time directors of listed companies to be independent directors on a maximum of three listed companies. We believe that as Partner at V. Sankar Aiyar & Co., his responsibilities are equivalent to a whole-time directorship. Therefore, his high number of directorships on listed companies is not in keeping with the spirit of the regulation. Hence, we are unable to support the resolution.
    0 for1 against
  • Item 8, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 10, as a fund house numbered it
    1 for0 against
  • Item 11, as a fund house numbered it
    1 for0 against
  • Item 12, as a fund house numbered it
    1 for0 against
  • Item 14, as a fund house numbered it
    1 for0 against
  • Item 15, as a fund house numbered it
    1 for0 against
  • 1. To receive, consider and adopt: (a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2024 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; and (b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year ended March 31, 2024 and the balance sheet as at that date, together with the report of the auditors thereon 2. To declare dividend of INR 2/- per equity share for the financial year ended March 31, 2024. 3. To appoint a Director in place of Mr. Keki M. Mistry (DIN: 00008886) who retires by rotation and, being eligible, offers himself for the re-appointment 4. Appointment of M/s. BSR & Co. LLP, Chartered Accountants, as one of the Joint Statutory Auditors 5. Payment of remuneration to Joint Statutory Auditors 6. Appointment of Mr. Venkatraman Srinivasan (DIN: 00246012) as an Independent Director 7. Appointment of Mr. Subodh Kumar Jaiswal (DIN: 08195141) as an Independent Director 8. Amendments to Articles of Association of the Company 9. Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & CEO 10.Revision in remuneration of Mr. Suresh Badami (DIN: 08224871), Deputy Managing Director 11. Revision in remuneration of Mr. Niraj Shah (DIN: 09516010), Executive Director & CFO 12. Approval of related party transactions with HDFC Bank Limited 13. Approval of related party transactions with HDB Financial Services Limited 14. Approval of Employee Stock Option Scheme – 2024 15. Approval of special rights available to HDFC Bank LimitedMoreLess
    1 for0 against
  • Accept Financial Statements and Statutory Reports
    2 for0 against
  • Amend Articles of Association - Board Related
    2 for0 against

Mutual fund votes, meeting of 17 Jan 2024, 30 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Re-appointment of Ms. Bharti Gupta Ramola (DIN:00356188) as an Independent Director, for a second term of five (5) consecutive years
    Against Groww Mutual Fund, PGIM India Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
    • Groww Mutual Fund, PGIM India Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance Concern: Proposed re-appointment as ID may impact the independence of the Audit Process.
    • PPFAS Mutual FundAssociated with Network entity of Statutory Auditors.
    • Zerodha Mutual FundRe-appointment of the may impcat the independence of the Audit process, as the director was a partner in PWC which are the current auditors
    25 for4 against
  • Appointment of Mr. Kaizad Bharucha (DIN: 02490648) as a Non-Executive Director (Nominee of HDFC Bank Ltd., Promoter of the Company)
    29 for0 against
2 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 21 Jul 2023, 24 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt:n(a) the audited standalone revenue account, profit and loss account and receipts and payments account of the Company for the financial year nended March 31, 2023 and the balance sheet as at that date, together with the reports of the directors and auditors thereon; andn(b) the audited consolidated revenue account, profit and loss account and receipts and payments account of the Company for the financial year nended March 31, 2023 and the balance sheet as at that date, together with the report of the auditors thereonMoreLess
    21 for0 against
  • To declare dividend on equity shares for the financial year ended March 31, 2023
    23 for0 against
  • Payment of remuneration to Joint Statutory Auditors
    23 for0 against
  • Non-filling-up the vacancy caused by the retirement of Ms. Renu Sud Karnad (DIN: 00008064), Non-Executive Director
    23 for0 against
  • Appointment of Dr. Bhaskar Ghosh (DIN: 06656458), as an Independent Director
    23 for0 against
  • Appointment of Mr. Niraj Shah (DIN: 09516010), as Whole-time Director (designated as Executive Director and Chief Financial Officer) and to nfix his remuneration
    23 for0 against
  • Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer
    23 for0 against
  • Revision in remuneration of Mr. Suresh Badami (DIN: 08224871), Deputy Managing Director
    23 for0 against
  • Approval of related party transactions with Housing Development Finance Corporation Limited
    23 for0 against
  • Approval of related party transactions with HDFC Bank Limited.
    23 for0 against
  • Alteration of Articles of Association of the Company
    23 for0 against
12 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 8, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 10, as a fund house numbered it
    1 for0 against
  • Item 11, as a fund house numbered it
    1 for0 against
  • Accept Financial Statements and Statutory Reports
    2 for0 against

Mutual fund votes, meeting of 29 Aug 2022, 25 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Issue of equity shares of the Company on preferential basis to Housing Development Finance Corporation Limited, Promoter of the Company and matters related therewith
    10 for0 against
  • Approval of Employee Stock Option Scheme – 2022
    23 for0 against
  • Approval of Employee Stock Option Scheme - 2022 for the eligible employees of the subsidiary company(ies) of the Company
    23 for0 against
6 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • To approve, Employee Stock Option Scheme 2022.
    1 for0 against
  • To approve, Employee Stock Option Scheme 2022 for the eligible employees of the subsidiaries of the company.
    1 for0 against
  • To create, offer, issue and allot 3,57,94,824 fully paid-up equity shares of face value of Rs. 10/ one or more tranches, at a price of Rs. 558.74 per equity share (“Equity Shares”) aggregating to an amount not exceeding Rs. 2,000 crore.MoreLess
    14 for0 against

Mutual fund votes, meeting of 27 Jun 2022, 23 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt:nA. the audited Standalone Revenue Account, Profit and Loss Account, and Receipts and Payments Account of the Company for the financial year ended March 31, 2022, and the Balance Sheet as at that date, together with the reports of the Directors and Auditors thereon; andnB. the audited Consolidated Revenue Account, Profit and Loss Account, and Receipts and Payments Account of the Company for the financial year ended March 31, 2022 and the Balance Sheet as at that date, together with the report of the Auditors thereon.MoreLess
    21 for0 against
  • To declare dividend on equity shares for the financial year ended March 31, 2022.
    22 for0 against
  • To appoint a Director in place of Mr. Keki M. Mistry (DIN: 00008886) who retires by rotation and, being eligible, offers himself for re-appointment.
    22 for0 against
  • Payment of remuneration to Joint Statutory Auditors.
    22 for0 against
  • Re-appointment of Mr. Ketan Dalal (DIN: 00003236) as an Independent Director, for a second term.
    Against Bandhan Mutual Fund, LIC Mutual Fund
    • Bandhan Mutual Fund, LIC Mutual FundGovernance concern. Mr. Dalal was associated with the current statutory auditors of the Company. No cooling off period served before joining Board of the Company.
    20 for2 against
  • Payment of profit-related commission to Non-Executive Independent Directors.
    22 for0 against
  • Approval of related party transactions with Housing Development Finance Corporation Limited.
    17 for0 against
  • Approval of related party transactions with HDFC Bank Limited.
    22 for0 against
  • Revision in remuneration of Ms. Vibha Padalkar (DIN: 01682810), Managing Director & Chief Executive Officer
    22 for0 against
  • Revision in remuneration of Mr. Suresh Badami (DIN: 08224871), Executive Director
    22 for0 against
13 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 8, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 10, as a fund house numbered it
    1 for0 against
  • 7) Approve related party transactions with HDFC, its parent company, till the 2023 AGM for a maximum period of fifteen months in excess of Rs 10.0 bn or 10% of consolidated turnover, whichever is lower.MoreLess
    1 for0 against
  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • Approve related party transactions with HDFC, its parent company, till the 2023 AGM for a maximum period of fifteen months in excess of Rs 10.0 bn or 10% of consolidated turnover, whichever is lower
    4 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Mar 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesJun 2026–––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.