
HDFC Bank announces 1:1 bonus issue, record date set for August 27
HDFC Bank has announced a bonus issue of equity shares in the ratio of 1:1 — meaning shareholders will receive one additional fully-paid equity share of ₹1 each for every share they hold as of the record date. The bank's Board of Directors approved the bonus issue at its meeting held on July 19, 2025.
The bonus shares will be issued out of the Securities Premium Account as of June 30, 2025. The record date for determining eligibility for the bonus issue is Wednesday, August 27, 2025. The bonus shares are expected to be credited or dispatched within two months of the board's approval, on or before September 18, 2025.
Post-issue, the bank's issued, subscribed, and paid-up share capital will double from approximately ₹767 crore to over ₹1,533 crore, reflecting the increased number of equity shares.
According to the bank's filing, approximately 76.68 crore equity shares of ₹1 each will be issued as bonus shares, though the exact number may vary slightly due to stock options or restricted stock units exercised before the record date.
The bonus issue is subject to statutory and regulatory approvals, as well as shareholder approval via a postal ballot.
This move reflects HDFC Bank's confidence in its financial strength and aims to enhance liquidity and investor participation in its stock.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
8 hours ago
- Yahoo
Eaton Corporation plc (ETN) Announces Quarterly Dividend; KeyBanc Raises PT
Eaton Corporation plc (NYSE:ETN) is among the . Investor confidence is growing in Eaton Corporation plc (NYSE:ETN), with KeyBanc increasing its price target on the company from $355 to $410. This represents a 6.52% upside potential. The company's share price, currently at $384.90, has risen 12.13% and 15.98% on a monthly and YTD basis, respectively. Amid this strong momentum, this price revision reflects its growth potential in the intelligent power management solutions market. Furthermore, Eaton Corporation plc (NYSE:ETN)'s Board of Directors announced a quarterly dividend of $1.04, payable on August 22, 2025. The company has paid dividends every year since 1923, demonstrating its financial strength and long-term reliability. By designing and delivering electrical, hydraulic, and mechanical solutions, Eaton Corporation plc (NYSE:ETN) has made itself a leader in the intelligent power management solutions market, helping industries improve efficiency, safety, and sustainability. It is one of the best ESG stocks. While we acknowledge the potential of ETN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Yahoo
DIVIDEND ALERT! LKQ Corp. (LKQ) Sheds 17.8% as Tariff Uncertainties Linger
We recently published . LKQ Corporation (NASDAQ:LKQ) is one of the worst-performing stocks on Thursday. LKQ Corporation saw its share prices fall by 17.82 percent on Thursday to end at $31.73 apiece as investor sentiment was dampened by its lowering of growth outlook for the rest of the year amid tariff uncertainties. In a statement following its earnings results, LKQ Corporation (NASDAQ:LKQ) said it now expects organic revenues to drop between 1.5 and 3.5 percent for the full year, as compared with a flat to 2 percent growth guidance previously. Diluted EPS was also lowered to a range of $2.47 to $2.77 versus $2.91 to $3.21 previously. In the second quarter of the year, LKQ Corporation (NASDAQ:LKQ) profit $192 million, higher by 3.8 percent than the $185 million in the same period last year. laurel-and-michael-evans-c-KDq7nxVdQ-unsplash Revenues also decreased by 1.9 percent to $3.64 billion from $3.7 billion year-on-year. According to the company, its board of directors has approved a quarterly cash dividend of $0.30 per common share to shareholders as of August 14. The dividends are payable on August 28, 2025. While we acknowledge the potential of LKQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Yahoo
Dividend Alert: Albemarle (ALB) Rises Ahead of Earnings
We recently published . Albemarle Corporation (NYSE:ALB) is one of the best-performing stocks on Thursday. Albemarle grew its share prices by 6.84 percent on Thursday to close at $84.18 apiece as investors repositioned portfolios ahead of the release of its second quarter earnings results. According to the company, it will announce its financial and operating highlights before market open on Thursday, July 31. An investor call will be held during the same day. In the first quarter of the year, Albemarle Corporation (NYSE:ALB) registered an attributable net income of $41.3 million, higher by 1,620 percent than the $2.4 million in the same period last year. Net sales amounted to $1.077 billion, marking a 20.9-percent decline from $1.360 billion year-on-year. In other news, Albemarle Corporation (NYSE:ALB) said its board of directors has approved the distribution of quarterly dividends worth $0.405 for each common share. The dividend rate, with an annualized rate of $1.62, is payable on October 1 to shareholders as of the September 12 record. While we acknowledge the potential of ALB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .