HDFC Bank to consider its first-ever bonus issue of shares on July 19

HDFC Bank will consider a bonus issue of shares at its board meeting on July 19, India's largest private lender said on July 16. If approved, this would be the first such move by the Mumbai-based bank.

Along with the bonus issue of shares, HDFC Bank will also consider a special interim dividend for its shareholders for the ongoing financial year 2026, the lender said in its exchange filing. The record date set to determine the eligibility of the shareholders set to receive the prospective bonus shares and special dividend is yet to be announced.

After its board meeting, the private lender will announce its results for the first quarter of the financial year 2026.

The earlier corporate action taken by the company apart from dividend announcement included stock splits in 2019 and 2011. The shares of the private lender have rallied over 21 percent in the past six months, and nearly 4 percent in the past one month.

HDFC Bank shares were trading in the green with marginal gains at Rs 2,005 apiece in the morning. The stock has gained over 12 percent in 2025 so far.

HDFC Bank recently sold 13.51 crore shares worth Rs 9,814 crore of its subsidiary HDB Financial which recently made a decent debut on the stock markets. After the stake sale, the private lender now holds 74.19 percent stake in the NBFC.

Earlier in April, HDFC Bank had reported a standalone net profit of Rs 17,616 crore for the fourth quarter of the previous financial year, 2025. This marked a 6.7 percent rise from the net profit reported in the year-ago period, surpassing Street expectations.

Gross non-performing asset (NPA) ratio of the bank shrunk to 1.33 percent as on March 31, 2025, as compared to 1.42 percent as on December 31, 2024. However, it expanded from 1.24 percent a year ago. Similarly, Net NPA ratio of the bank stood at 0.43 percent in Q4 FY25, as compared to 0.46 percent in Q3 FY25 and 0.33 percent in Q4 FY24.

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