HDFC Bank updates on Share Allotment Committe meeting

Explore Business Standard
Associate Sponsors
Co-sponsor

Held on 10 February 2015
HDFC Bank announced that the Share Allotment Committee at its meeting held on 10 February 2105 has approved the following -Allotment of 18,744,142 equity shares to eligible qualified institutional buyers at the issue price of Rs 1067 per equity shares aggregating Rs 1999.99 crore, pursuant to the QIP; and
Allotment of 66,000,000 equity shares underlying the ADRs (1 ADR representing 3 underlying equity shares) to JP Morgan Chase Bank NA as Depository pursuant to the ADR offering.
Powered by Capital Market - Live News
First Published: Feb 10 2015 | 1:32 PM IST