HDFC Bank Limited has informed the Exchange about update on the issuance of Bonus Shares
HDFCBANK · price
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Awaiting price reaction for this filing.
HDFC Bank has received approval from the Reserve Bank of India (RBI) for its proposed 1:1 bonus share issue, where shareholders will receive 1 additional equity share for every 1 share held. The RBI has also approved utilization of the Share Premium Account to fund the bonus issuance. The record date for determining eligible shareholders is August 27, 2025. The bonus issue remains subject to shareholder approval via postal ballot, with remote e-voting currently underway and ending on August 21, 2025.
This is a major positive development for HDFC Bank shareholders as the bonus issue moves closer to completion, subject to shareholder approval. A 1:1 bonus is one of the largest bonus issues in the Indian market and effectively doubles shareholding for investors. Expect the stock price to adjust downward proportionally once the bonus is credited, while total holding value remains unchanged.