Shareholders of Canara Robeco Asset Management Company approved a final dividend of ₹2.50 per equity share and confirmed an interim dividend of ₹1.50 at its 33rd Annual General Meeting (AGM) held on July 23, 2026. The resolutions passed with near-unanimous support, securing a total dividend payout of ₹4.00 per equity share of ₹10 each for the financial year ended March 31, 2026. This outcome reflects strong shareholder confidence in the asset manager’s financial health and governance structure, with institutional investors voting unanimously in favor of all agenda items.

The AGM was conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with SEBI Listing Regulations and the Companies Act, 2013. Chairman Santanu Kumar Majumdar presided over the proceedings, which concluded at 12:08 PM IST after a 15-minute extension for e-voting completion. The Board also secured approval for the reappointment of Mr. Kiyoshi Habiro as a Non-Executive Non-Independent Director and Mr. Ravindran Menon as an Independent Director. Additionally, M/s. Borkar & Muzumdar, Chartered Accountants, were ratified as Statutory Auditors for the ensuing term.

Voting Results and Shareholder Participation

The voting process was scrutinized by Mr. Avinash Bagul of M/s. BNP & Associates, ensuring compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A total of 571 shareholders participated, representing 16,92,37,272 shares out of 19,94,17,428 shares held by eligible members as of the record date, July 16, 2026.

Governance and Compliance Observations

During the proceedings, the Statutory Auditor issued an unmodified opinion on the financial statements for FY26. However, the Secretarial Audit Report highlighted a delay in recording entries of designated persons with the designated depository in accordance with SEBI Circulars. The Board clarified that this was a one-time procedural lapse arising during the transition phase of the company becoming a listed entity and asserted that it had no impact on the overall compliance framework relating to insider trading regulations. The company stated it has since completed the recording of entries and strengthened internal processes to ensure timely compliance.

Canara Robeco Asset Management Company has provided strategic guidance across key operational and financial parameters, offering investors and stakeholders a clear view of its near-term priorities. The management commentary, shared as part of a conference call update, covers yield management, product launches, cost efficiency, and AUM growth objectives.

Yield Management and Profitability Targets

The company aims to maintain overall yields in the range of 35 basis points to 38 basis points. According to management, this targeted yield band provides sufficient room to accommodate lower-yielding asset classes such as passives without adding significant cost pressure to the business. Additionally, equity yields are expected to rationalize to a range of 36 bps to 40 bps over the next quarter or two, reflecting a calibrated approach to balancing growth and profitability.

The following table summarizes the key financial guidance parameters shared by management:

Cost Discipline and Operational Efficiency

On the cost management front, management targets a cost-to-income ratio below 40%, with a comfortable operating range of 38% to 42%. This range is designed to allow the company adequate headroom for strategic investments while maintaining overall financial discipline. The guidance reflects management's intent to balance operational efficiency with the flexibility needed to pursue growth initiatives.

Product Launch Strategy

Canara Robeco AMC has outlined a phased approach to new product introductions. The near-term strategy involves focusing on a new mutual fund product in the next two to three months, followed by passives and Specialised Investment Funds (SIFs) in the short- to medium-term. Key highlights of the product strategy include:

• Launch of a new mutual fund product within the next two to three months
• Subsequent focus on passives and SIFs in the short- to medium-term
• Target of approximately two New Fund Offerings (NFOs) per financial year, subject to Board and SEBI approvals

AUM Growth Objectives

The company endeavors to achieve consistent growth in quarterly average AUM, with management emphasizing a balanced approach that weighs AUM expansion alongside profitability considerations. This dual focus underscores the company's commitment to sustainable growth rather than volume-driven expansion alone.

Overall, the management commentary reflects a structured and disciplined strategic outlook, with clearly defined targets across yield management, cost efficiency, product development, and asset growth.