HDFC Bank updates on Share Allotment Committe meeting

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Capital Market
Last Updated : Feb 10 2015 | 8:40 PM IST

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.

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First Published: Feb 10 2015 | 1:32 PM IST

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