Stockrabit · Analysts
Questions across 2 calls

Imtaiyazur Rahman

Firm not listed in source transcripts

UTI Asset Management Company Limited

UTI Asset Management Company Limited CC-Sep25.pdf · 2025-10-18
Mohit, it is a onetime expenditure. And as per the accounting policy, based on the actuarial valuations, we need to account for in the quarter of the incident. And therefore, since the scheme was launched on 23 rd of September, therefore, as per the accounting standard requirement, we had to account for in this quarter. It is a onetime expenditure. And let me explain you why this particular thing is a part of the package. We have a pension scheme and the family pension scheme was not revised since 1994 and the only thing people were getting the Rs. 5,300 family pension across the group of the employees, whether it is the class 3, class 4 or even the senior management people. Therefore, we have just revised the family pension schemes and that we did in order to make sure that our VRS scheme is successful and we are seeing the good outcome, Mohit.
Thank you.
UTI Asset Management Company Limited CC-Mar24.pdf ·
We are extremely focused on enhancing our engagement with our distributors. We have a very deep relationship with the banks as a channel for distribution. We are further enhancing our relationship with the top thousand distributors across the length and breadth of the country. As far as the Paris office is concerned, we are not expecting any further expenses to be incurred.
As far as dividend is concerned, w e have a policy that we always pay a minimum 50% dividend to our investors. Last year, we paid around 66%. This year, 66% or 67% we have maintained for the current financial year, and we have given an additional dividend and 100% of our profit we have distributed to our investors.