💸 HDFC AMC Declares ₹90 Dividend per Share, Appoints New Secretarial Auditor — Time to Buy Before Record Date?

By Prashant Marathe | 23 May 2025 | EduInvesting

📌 At a Glance

HDFC Asset Management Company (NSE: HDFCAMC | CMP ₹4,805) just hit us with:

🧾 Final Dividend: ₹90/share (on a ₹5 face value — that’s 1,800% 🤯)

📅 Record Date: June 6, 2025
📦 Ex-Dividend likely around: June 5, 2025
📆 AGM Date: June 25, 2025

📊 If approved, you’ll get your sweet, sweet payout within 30 days post-AGM.

But that’s not all. The board also cleared:

✅ Appointment of Makarand M. Joshi & Co. as Secretarial Auditor for FY26–FY30
(Yes, the same MMJC known for its SEBI-grade audits and governance artillery)

💰 What Does This ₹90 Dividend Mean?

Let’s break this down for the dividend junkies: