ICICI Prudential Asset Management Company Limited declared a final dividend of ₹12.40 per equity share of ₹1 each for the financial year ended March 31, 2026, at its Thirty-Third Annual General Meeting held on June 24, 2026. The meeting, chaired by Mr. Sandeep Batra, was conducted via video conferencing in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory and secretarial audit reports for the financial year contained no qualifications, reservations, or adverse remarks.

Resolutions Passed

Shareholders approved eight resolutions, including the adoption of financial statements and the declaration of the final dividend. The re-appointment of Mr. Nimesh Shah, Managing Director and Chief Executive Officer, who retires by rotation, was also approved. The board saw the appointment of Mr. Prashant Kumar as an Independent Director and Mr. Rajeev Mittal as a Non-Executive Director during FY2026.

Voting Results

All resolutions were passed with the requisite majority. The voting results, scrutinized by M/s. Alwyn D'Souza & Co., Company Secretaries, indicated strong shareholder approval across categories. The table below summarizes the voting outcomes for key resolutions.

Management and Appointments

The meeting welcomed Mr. Sidharatha Mishra, Mr. Rajeev Mittal, and Mr. Prashant Kumar to the Board of Directors. The Chairman expressed gratitude to Mr. Maldonado and Ms. Anubhuti Sanghai, who ceased to be directors during FY2026, and to Mr. Ved Prakash Chaturvedi, whose tenure as an Independent Director concludes on June 30, 2026.

Remuneration Revisions

Shareholders approved revisions in the remuneration of Mr. Nimesh Shah, Managing Director, and Mr. Sankaran Naren, Executive Director and Chief Investment Officer. The resolutions received 99.99% approval from the votes polled. The company also appointed M/s. Parikh & Associates as Secretarial Auditors for a term of five consecutive years.

ICICI Prudential Asset Management Company Limited received an administrative warning from the Securities and Exchange Board of India (SEBI) regarding a procedural delay in verifying investor eligibility for one of its schemes. The regulator issued the warning under the SEBI (Alternative Investment Funds) Regulations, 2012, following a review of a complaint from an investor in a scheme managed by the company under the ICICI Prudential Strategic Alpha Fund.

SEBI observed that there was a delay in carrying out the necessary checks to verify the eligibility of the investor. The amount invested was subsequently refunded to the investor after the verification process was completed, along with an additional amount as compensation. The company received the communication via email on June 2, 2026, at 12:13 p.m., while the letter from SEBI was dated May 25, 2026.

Details of the SEBI Communication

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that the administrative warning pertains specifically to the procedural lapse and does not indicate a broader systemic failure.

ICICI Prudential Asset Management confirmed that the incident has no material impact on its financials, operations, or other activities. The entity manages the alternative investment fund in question and has since addressed the specific investor grievance by refunding the principal and providing compensation.