HDFC Asset Management Company Limited announced that abrdn Investment Management Limited (AIML), one of the promoters of the Company, has withdrawn the nomination of Mr. Rushad Abadan to continue as Non-Executive Director on the Board of the company. Accordingly, Mr. Rushad Abadan (DIN: 08035538), Non-executive Director of the Company has tendered his resignation with effect from close of business hours of April 18, 2023.