HDFCBANKNSEHDFC Bank Limited· BanksLowNeutral
Announced Fri, 20 Jun · 15:42 IST

HDFC Bank Limited has informed the Exchange about General Updates

Board & Shareholder Meetings View source PDF

HDFCBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HDFC Bank's Board of Directors held a meeting on June 20, 2025 and approved three key items. First, the 31st Annual General Meeting will be held on Friday, August 8, 2025 at 2:00 PM IST via video conferencing. Second, the previously recommended dividend of Rs. 22 per equity share (on shares of face value Re. 1 each) will be paid to shareholders on or after Monday, August 11, 2025, subject to shareholder approval at the AGM. Third, M/s. B S R & Co. LLP has been appointed as a Joint Statutory Auditor for a 3-year term (FY 2025-26 to FY 2027-28), replacing M/s. Price Waterhouse LLP who is rotating out per RBI guidelines. B S R & Co. LLP will serve alongside existing auditor M/s. Batliboi & Purohit, with RBI already approving the appointment for FY 2025-26.

Likely market impact

Shareholders holding shares as of the record date (June 27, 2025) are eligible for the Rs. 22 per share dividend, which represents a steady payout. The auditor rotation is a routine regulatory requirement under RBI norms and not expected to materially impact operations. The AGM outcome will be the key milestone for confirming the dividend.