UTI Conservative Hybrid Fund Sets March 02, 2026 as Record Date for Income Distribution cum Capital Withdrawal

1 min read     Updated on 26 Feb 2026, 05:27 PM
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Reviewed by
Radhika SScanX News Team
Overview

UTI Conservative Hybrid Fund has set March 02, 2026 as the record date for Income Distribution cum Capital Withdrawal, offering 0.80% distribution rate (₹0.0800 per unit) for Regular Plan Monthly IDCW option. The fund's NAV as of February 24, 2026 was ₹17.2213 for Regular Plan and ₹19.5193 for Direct Plan. Distribution is subject to availability of distributable surplus, and eligible unitholders will receive payments net of applicable taxes and statutory levies.

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Vishnu Chemicals and other companies have made various corporate announcements, with UTI Conservative Hybrid Fund declaring a significant income distribution for its unitholders.

UTI Conservative Hybrid Fund Announces IDCW Distribution

UTI Conservative Hybrid Fund (Erstwhile UTI Regular Savings Fund) has declared March 02, 2026 as the record date for Income Distribution cum Capital Withdrawal (IDCW) under the Monthly Income Distribution cum Capital Withdrawal option. The announcement was made on February 25, 2026.

Plan Details: Distribution Rate Amount per Unit NAV (Feb 24, 2026) Face Value
Regular Plan - Monthly IDCW: 0.80% ₹0.0800 ₹17.2213 ₹10.00
Direct Plan - Monthly IDCW: - - ₹19.5193 ₹10.00

Distribution Terms and Conditions

The distribution is subject to the availability of distributable surplus as on the record date. Income distribution cum capital withdrawal payment to investors will be lower to the extent of statutory levy, if applicable. Income distribution will be made net of tax deducted at source as applicable.

Unitholders whose names appear in the register of unitholders at the close of business hours on March 02, 2026 shall be entitled to receive the income distribution cum capital withdrawal. The NAV of the IDCW options will fall to the extent of payout and statutory levy, if applicable.

Reinvestment and Load Structure

The reinvestment, if any, shall be treated as constructive payment of IDCW to the unitholders as also constructive receipt of payment by the unitholders. No load will be charged on units allotted on reinvestment of IDCW.

Other Corporate Announcements

Several other companies made announcements including ICICI Prudential Mutual Fund declaring distributions for their Balanced Advantage Fund and Equity & Debt Fund, also with March 02, 2026 as the record date. Additionally, various companies including Vishnu Chemicals Limited, SML Mahindra Limited, and EPACK Durable Limited issued notices regarding corporate governance matters, postal ballots, and regulatory compliance.

The mutual fund industry continues to provide regular income distribution opportunities to investors, with UTI Asset Management Company Limited maintaining its commitment to delivering value to unitholders through systematic distribution mechanisms.

Historical Stock Returns for Vishnu Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%-5.54%-6.43%-0.54%+19.50%+1,120.56%

Vishnu Chemicals Re-appoints Ch. Siddartha as Joint Managing Director for Five-Year Term

1 min read     Updated on 31 Jan 2026, 11:28 PM
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Reviewed by
Ashish TScanX News Team
Overview

Vishnu Chemicals Limited's Board approved the re-appointment of Mr. Ch. Siddartha as Joint Managing Director for five years from May 02, 2026 to May 01, 2031. The decision, made on January 31, 2026, follows Nomination and Remuneration Committee recommendations and is subject to shareholder approval. The company has confirmed regulatory compliance and disclosed the appointment details to stock exchanges.

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Vishnu Chemicals Limited has announced the re-appointment of Mr. Ch. Siddartha as Joint Managing Director for an extended five-year term. The Board of Directors approved this decision on January 31, 2026, following recommendations from the Nomination and Remuneration Committee.

Re-appointment Details

The company informed stock exchanges that Mr. Ch. Siddartha (DIN: 01250728) will continue in his role as Joint Managing Director for a further period of five years, effective from May 02, 2026 through May 01, 2031. This re-appointment is subject to approval from the company's shareholders.

Parameter Details
Name Mr. Ch. Siddartha
DIN 01250728
Position Joint Managing Director
Term Duration 5 years
Effective From May 02, 2026
Term Ends May 01, 2031
Reason Re-appointment

Family Relationships and Compliance

The disclosure reveals that Mr. Ch. Siddartha is the son of Mr. Ch. Krishna Murthy and Mrs. Ch. Manjula, indicating family connections within the company's leadership structure. The company has confirmed that Mr. Ch. Siddartha is not debarred from holding the office of Director by virtue of any SEBI Order or any other regulatory authority.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by informing both BSE Limited (Scrip Code: 516072) and National Stock Exchange of India Limited (NSE Symbol: VISHNU) about this corporate development.

The disclosure has been uploaded on the company's official website at www.vishnuchemicals.com , ensuring transparency and accessibility for stakeholders. This re-appointment reflects the company's confidence in Mr. Ch. Siddartha's leadership capabilities and his continued role in the organization's strategic direction.

Historical Stock Returns for Vishnu Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%-5.54%-6.43%-0.54%+19.50%+1,120.56%

More News on Vishnu Chemicals

1 Year Returns:+19.50%