Corporate Announcement
Security Code : 500180    Company : HDFCBANK    
 
Announcement under Regulation 30 (LODR)-Raising of FundsDownload PDF Download XBRL
  Exchange Received Time  26/07/2018 22:18:23         Exchange Disseminated Time   26/07/2018 22:18:27              Time Taken   00:00:04
We wish to inform you that pursuant to the approval accorded by the Board of Directors ('Board') of the Bank, at its meeting held onDecember 20, 2017and the special resolution passed by the shareholdersof the Bankon January19, 2018, the Bank is considering an issue of equity shares/convertible securities/depository receipts pursuant to a qualified institutions placement/American depositary receipts/global depository receipts program ("Securities") or such other methods or combinations as may be decided by the Board or a Committee of the Board ('Committee'). If, subject to market conditions and other relevant considerations, the Board or a Committee decide to open an issue of Securities as aforesaid, then a meeting of a Committee will be held on July 31, 2018, inter alia, to consider and approve the issue price for allotment of Securities.

 

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