Board approves Vinod Koyande as Company Secretary & Compliance Officer from October 31, 2026
HDB Financial Services' board approved the appointment of Mr. Vinod Koyande as Company Secretary (Key Managerial Personnel) and Compliance Officer, effective October 31, 2026, in place of Ms. Dipti Khandelwal.
By ScoutQuest · · 2 min read
- Interim Dividend
- Rs. 2.00 per equity share (20% on face value of Rs. 10) for FY 2026-27
- Dividend Record Date
- Friday, October 23, 2026
- Appointment Effective Date
- October 31, 2026
The appointment
- The Board of Directors, at its meeting held on October 14, 2026, approved the appointment of Mr. Vinod Koyande as Company Secretary (Key Managerial Personnel) and Compliance Officer.
- The appointment is effective October 31, 2026 and follows the recommendation of the Nomination & Remuneration Committee.
- He takes the role in place of Ms. Dipti Khandelwal.
- The Company Secretary and Compliance Officer is a Key Managerial Personnel, so this is a change in a senior governance and compliance position.
Who is taking over
- Mr. Vinod Koyande is a qualified Company Secretary, a Law Graduate (LL.B.) and a Master of Commerce (M.Com.), with over 15 years of professional experience.
- He is currently associated with the company as Deputy Company Secretary, where the update states he played a role in the company's Initial Public Offering and in strengthening post-listing governance and regulatory compliance.
- He previously served as Company Secretary of SBI Life Insurance Company Limited for over five years, and has also held positions with BSE Limited and ICICI Lombard General Insurance Company Limited.
- His stated areas of work include Board and committee governance, SEBI LODR Regulations, the Companies Act, RBI and IRDAI frameworks, insider trading compliance, ESOP administration and investor relations.
Also decided at the same board meeting
- The Board declared an interim dividend of Rs. 2.00 per equity share, which is 20% on the face value of each equity share of Rs. 10, for the financial year 2026-27.
- The dividend will be paid to equity shareholders whose names appear in the Register of Members or the list of beneficiary holders of the Depositories as on Friday, October 23, 2026, the record date fixed for the purpose.
Financial results in the same update
The Board also approved the unaudited financial results for the quarter and half year ended September 30, 2026, which carry an unmodified limited review opinion from the joint statutory auditors. The results are stated in Rupees in million.
- Net profit for the quarter was 7,802, against 5,814 in the quarter ended September 30, 2025.
- Net profit for the half year was 15,654, against 11,493 in the half year ended September 30, 2025.
- Basic earnings per equity share were 9.39 for the quarter and 18.85 for the half year, not annualised for the interim periods.
What this update is
It is a governance update on who will manage the company's secretarial and compliance functions from the end of October 2026, together with a dividend declaration and the regular quarterly results made at the same board meeting.
Also from HDB Financial Services
Q2 FY27 call transcript: PAT ₹780 crore, disbursements ₹18,522 crore, interim dividend of ₹2 per share
20 Oct 2026
Viewer query on HDB Financial Services holding; analyst recommends holding
19 Oct 2026
HDB Financial Services reported a mixed set of second quarter earnings; management discussed net interest margin pressure from repo-linked borrowings
19 Oct 2026
More numbers
- Interim dividend per equity share, FY 2026-27Rs. 2.00
- Interim dividend as % of face value20%
- Face value per equity shareRs. 10
- Net profit for half year ended Sep 30, 2026 (Rupees in million)15,654
- Net profit for quarter ended Sep 30, 2026 (Rupees in million)7,802
- Net profit for quarter ended Sep 30, 2025 (Rupees in million)5,814
- Basic earnings per equity share, quarter ended Sep 30, 2026 (in Rupees)9.39
- Professional experience of Mr. Vinod Koyandeover 15 years
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