Description
HDFC Bank announces bonus share issue in 1:1 ratio with record date August 27, 2025 and trading to commence August 29, 2025.
Summary
HDFC Bank Limited has announced a bonus share issue in the ratio of 1:1, meaning shareholders will receive 1 new equity share of Re. 1/- each for every 1 fully paid-up equity share held. The record date is fixed as Wednesday, August 27, 2025, with bonus shares to be credited by 12 p.m. on August 28, 2025, and trading to commence on Friday, August 29, 2025.
Key Points
- Bonus ratio: 1:1 (1 new share for every 1 existing share)
- Face value: Re. 1/- per equity share
- Record date: Wednesday, August 27, 2025
- Deemed allotment date: Thursday, August 28, 2025
- Trading commencement: Friday, August 29, 2025
- Scrip codes: 500180/100180
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Bonus shares must be credited to beneficiary accounts by 12 p.m. on deemed allotment date
- Shares must be available for trading from the beginning of day on August 29, 2025
- Bank has provided undertaking to BSE regarding timely credit and trading availability
Important Dates
- July 24, 2025: Date of undertaking/announcement
- August 27, 2025: Record date for bonus issue eligibility
- August 28, 2025: Deemed allotment date (credit by 12 p.m.)
- August 29, 2025: Trading commencement date
Impact Assessment
This bonus issue will double the number of outstanding shares of HDFC Bank, one of India’s largest private sector banks. The 1:1 ratio means existing shareholders will see their shareholding quantity double while the share price will theoretically adjust to half. This corporate action will increase liquidity in the stock and make shares more accessible to retail investors due to lower absolute price per share post-bonus.
Impact Justification
Major corporate action by large-cap banking stock affecting share structure and market capitalization