• By PTI
  • Wed, 16 Jul 2025 06:32 PM (IST)
  • Source:JND

HDFC Bank, India's largest private sector bank, is set to hold a board meeting on July 19, 2025. In this meeting, the issuance of bonus shares will be discussed for the first time. The board is also going to discuss a special interim dividend to its shareholders for this financial year.

The decision to hold a board meeting comes late in the first quarter of 2025. Decisions regarding bonus shares are often based on an audited report, but as of now, the reports have not been officially checked by auditors.

As per SEBI rules, both the bank's board members and its shareholders must approve the issuance of bonus shares to ensure a unanimous decision.

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As of now, the bank has not disclosed the proposed ratio for bonus share distribution

With this potential decision, HDFC Bank demonstrates resilience and confidence in its future. Recently, they also paid a dividend of Rs 22 per equity share. The bank also offers a dividend yield of approximately 1.10 per cent on its shares.

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This move signals the bank's potential to reward shareholders, reflecting the bank's strong financial position and influencing wider market perceptions.