HDFC AMC shareholders have decisively approved the issuance of bonus shares through a postal ballot e-voting process that concluded on November 16, 2025. The resolution received resounding support, with 97.51% of votes cast in favor.

Voting Details

The e-voting process, which ran from October 18 to November 16, 2025, saw participation from 2,704 shareholders, representing 18,14,97,669 equity shares out of the total 21,40,03,751 outstanding shares. Here's a breakdown of the voting results:

Shareholder Participation

The voting process demonstrated significant engagement from HDFC AMC's shareholder base:

• Total eligible shareholders: 4,45,397
• Shareholders who participated: 2,704 (representing 84.70% of total equity shares)

Resolution Details

The ordinary resolution for the approval of bonus share issuance was passed with the requisite majority. As per the scrutinizer's report:

• The resolution is deemed to have been passed on November 16, 2025, after the conclusion of the e-voting period.
• The Chairman or an authorized person is expected to declare and confirm the results on or before November 18, 2025.

Disclosure and Transparency

In line with regulatory requirements and to ensure transparency:

• The voting results and scrutinizer's report will be displayed on the company's notice board at their registered office.
• The information will also be made available on HDFC AMC's website and that of KFin Technologies Limited, the e-voting service provider.
• The results will be forwarded to BSE Limited and National Stock Exchange of India Limited, where HDFC AMC's equity shares are listed.

This overwhelming approval for bonus shares indicates strong shareholder confidence in HDFC Asset Management Company Limited's growth prospects and corporate actions. The company's commitment to enhancing shareholder value through such initiatives is evident from the high participation and favorable voting outcome.

Consultation Process Underway

SEBI, India's market regulator, has initiated a review of mutual fund regulations, signaling potential changes in the industry. The regulator has stated that the proposals for revamping the mutual fund sector are currently under consultation, indicating a thorough and deliberate approach to any potential reforms.

HDFC AMC 's Involvement

HDFC AMC , one of India's leading mutual fund houses, has been mentioned in relation to these discussions. While the exact nature of HDFC AMC's involvement or the potential impact on the company remains unclear, its inclusion in the conversation underscores the significance of these potential regulatory changes for major players in the mutual fund industry.

Implications for the Mutual Fund Industry

The ongoing consultation process by SEBI suggests that the mutual fund industry may be on the cusp of significant regulatory changes. These potential revamps could have far-reaching implications for fund houses, investors, and the overall structure of the mutual fund market in India.

Key Points to Watch

• The scope and nature of the proposed regulatory changes
• Potential impacts on fund management practices
• Possible effects on investor protection and transparency

As the consultation process continues, market participants and investors will be keenly watching for any updates or announcements from SEBI regarding the proposed changes to mutual fund regulations.