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HDFC Bank LimitedImportant, 01-08-2025: Updates

01-08-2025 | 05:34 pm

HDFC Bank has moved forward with its 1:1 bonus share issuance. This means shareholders will receive one additional equity share for every share they currently hold. The bank also clarified how this bonus will apply to its American Depositary Shares (ADS), ensuring the conversion ratio of 1 ADS to 3 equity shares remains unchanged while the number of ADSs also doubles. The bonus issue awaits shareholder approval.

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