HDFC Bank Limited — Others, 22-07-2025: Shareholders meeting
22-07-2025 | 07:59 am
22-07-2025 | 07:59 am
HDFC Bank has announced a postal ballot for shareholders to vote on two key proposals. The first involves increasing the bank's authorized share capital from 1190.61 Cr to 2000 Cr. This move prepares the ground for the second, more direct benefit: a 1:1 bonus share issue. Shareholders will receive one new equity share for every share held, funded from the securities premium account. This bonus issue aims to reward existing investors, enhance liquidity, and make the shares more affordable. Shareholders can cast their votes electronically over an upcoming period.
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