HDFC Life Insurance on Saturday announced the record date for the final dividend to be paid to eligible shareholders for the financial year 2021-22.
The company fixed June 1, 2022 as the record date for the purpose of ascertaining the final rights of the shareholders. Dividend Of 1.70 per share whose face value 10 each for the financial year 2012.
Last month, the company’s board recommended a final dividend of Rs. 1.70 per share for FY22 during the financial performance announcement for the year.
The annual general meeting of the company is also scheduled at the end of June.
In a regulatory filing today, HDFC Life said, “It is to inform that the 22nd AGM of the Company will be held through video conference on Monday, June 27, 2022. Other relevant details are being provided in the notice of the AGM.” , which will be released in due course.”
Further, HDFC Life has fixed July 2 as the payment of final dividend, subject to approval by the members in the upcoming AGM and also subject to deduction of tax at source.
Shares of HDFC Life closed on Friday 566.20 each on the BSE, down 0.64%.