Canara Robeco Asset Management Company Ltd. Company History and Annual Growth Details

Our Company was incorporated as “Canbank Investment Management Services Limited”, a public limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated March 2, 1993, issued by the Registrar of Companies, Maharashtra and received a certificate for commencement of business dated May 10, 1993 from the Registrar of Companies, Maharashtra. Subsequently, pursuant to a resolution passed by our Board and by our Shareholders dated April 25, 2007 and September 26, 2007, respectively, the name of our Company was changed from ‘Canbank Investment Management Services Limited’ to ‘Canara Robeco Asset Management Company Limited’ as the promoter of the Company, Canara Bank has entered into a Shareholders Agreement with ORIX Corporation Europe N.V. (Previously known as Robeco Groep N.V.) consequent to which a fresh certificate of incorporation was issued by the RoC dated October 10, 2007 under the Companies Act, 1956.

Major Events and Milestones:

2007

- Canara Bank and OCE, entered into a SHA agreement dated March 19, 2007 to set forth their specific mutual understanding and agreement as to the rights and obligations of the Parties as shareholders in the Company. For more details see - Shareholders’ agreement and other material agreements.

- Crossed ?30,000.00 million monthly AAUM mark with monthly AAUM of ? 33,968.99 million.

2008

- Crossed ?50,000.00 million monthly AAUM mark with monthly AAUM of ? 60,062.58 million.

2010

- Crossed ?100,000.00 million monthly AAUM mark with monthly AAUM of ?100,173.55 million.

2019

- Crossed ?150,000.00 million Quarterly AAUM mark with Quarterly AAUM of ? 158,516.13 million.

2021

- Crossed ? 250,000.00 million Quarterly AAUM mark with Quarterly AAUM of ? 282,728.73 million.

2022

- Crossed ? 500,000.00 million Quarterly AAUM mark with Quarterly AAUM of ? 551,490.71 million.

2023

- Crossed ? 750,000.00 million Quarterly AAUM mark with Quarterly AAUM of ? 793,645.55 million.

2024

- Crossed ? 1,000,000.00 million Quarterly AAUM mark with Quarterly AAUM of ? 1,068,401.59 million.