HDFC board to consider 1st ever bonus stock issue

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HDFC Bank is set to consider issuing bonus shares and a special interim dividend during its board meeting on July 19, alongside reviewing Q1 financial results. This marks the bank's first potential bonus issue in over three decades. The interim dividend, if approved, applies to FY26. These proposals signal confidence post-merger, aiming to boost liquidity and shareholder returns.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/A2QqfIt

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