HDFCBANK

Bank Bonus Issue Eligibility: Last day TODAY; first-ever FREE shares for investors

HDFC Bank Bonus Issue Eligibility: HDFC Bank is poised to issue bonus equity shares to investors for the first time. The shares will trade ex-bonus on August 27, aligning with the T+1 settlement cycle. Previously, HDFC Bankbank executed stock splits in 2011 and 2019. HDFC Bank Bonus Shares Eligibility HDFC Bank Bonus Issue In an exchange filing in July, HDFC Bank said that its board has recommended bonus issue of equity shares in the ratio of 1:1. It means that one bonus share or free share will be given to investors for every one share of Re 1 face value. "Issuance of Bonus equity shares in the proportion of 1:1 i.e. 1 (One) equity share of Re 1 each for every 1 (One) fully paid-up equity share of Re 1 each," HDFC Bank said in filing.