HDFC Bank Limited has informed the Exchange regarding update on the issuance of Bonus Shares.
HDFCBANK · price
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On the reaction day the stock moved 1.8 pts less than Nifty 100 and 2.1 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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HDFC Bank's board had approved a 1:1 bonus share issue (1 free share for every 1 held) on July 19, 2025, with the record date set for August 27, 2025, subject to shareholder approval via postal ballot. This filing clarifies how the bonus applies to its American Depositary Shares (ADS) listed on NYSE — each ADS will continue to represent 3 equity shares, and the total number of ADSs will increase in the same 1:1 ratio. Shareholders as of the record date will see their share count double across both the Indian and US listings. JP Morgan Chase Bank is the depositary handling the ADS adjustment.
Eligible shareholders as of August 27, 2025 will receive one additional share for every share held, doubling their share count. The share price typically adjusts lower on the ex-date to reflect the dilution, so total holding value is largely unchanged in the short term, but liquidity and affordability improve significantly.