15-JUL-2024- Inter alia, approved:- 1. Final Dividend :- Recommended final dividend of Rs.2/- per equity share of face value of ?10 each for the financial year 2023-24, subject to approval of the shareholders at the ensuing Annual General Meeting (AGM). Record date for the purpose of ascertaining the entitlement of the shareholders to the final dividend shall be Friday, June 21, 2024. The payment of final dividend will be made on or after July 20, 2024, subject to deduction of tax at source at applicable rate. 2. 24th Annual General Meeting 24th AGM of the Company will be held on Monday, July 15, 2024, through video- conferencing. Other relevant details in this regards would be provided in the AGM notice, which will be issued in due course. Formulation of Employee Stock Option Scheme ? 2024 Formulation of Employee Stock Option Scheme viz., ?HDFC Life Employee Stock Option Scheme ? 2024? with the authority to create and grant from time to time, in one or more tranches, not exceeding 6,10,370 employee stock options exercisable into 6,10,370 equity shares of face value of ? 10 each of the Company, to the eligible employees of the Company in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, subject to approval of the shareholders at the ensuing AGM and such other regulatory/ statutory approvals as may be necessary. 5. Alteration of Articles of Association (AOA) of the Company Alteration of AOA, subject to approval of the shareholders in the ensuing AGM, in order to interalia carry out following changes: a) to remove references of erstwhile foreign promoter i.e. Standard Life (Mauritius Holdings) 2006 Limited (presently know as abrdn (Mauritius Holdings) 2006 Limited), pursuant to their reclassification from the promoter to public category in accordance with Regulation 31A of the SEBI Listing Regulations effective from December 13, 2023, on account of sale of their entire stake in the Company; b) to make necessary modifications to incorporate the necessary references to HDFC Bank Limited in place of Housing Development Finance Corporation Limited, erstwhile promoter of the Company; and c) certain other modifications to give effect to the regulatory changes.