RBI Approves HDFC Bank’s Utilization of Share Premium for 1:1 Bonus Issue

Mumbai, 13 August 2025: HDFC Bank Limited announced that the Reserve Bank of India (RBI) has approved the utilization of its Share Premium Account for the issuance of bonus shares, as well as the proposed amendment to its Memorandum of Association for increasing authorised share capital.

The bonus issue, announced on July 19, 2025, involves issuing one equity share for every one equity share held by shareholders as of the record date, August 27, 2025. The proposal also includes increasing the authorised share capital of the bank.

As per the bank’s earlier communication, shareholder approval is being sought through a postal ballot process. The voting period began on July 23, 2025, and will conclude on August 21, 2025. The RBI’s approval is conditional upon compliance with applicable laws.

The proposed amendments and bonus share issuance will only take effect following the necessary approvals from members of the bank.