Research Reports Related to "HDFC Securities"
Pages Related to "HDFC Securities"
Videos Related to "HDFC Securities"
Shorts Related to "HDFC Securities"
Feed Related to "HDFC Securities"
HDFC at its meeting held today i.e. April 4, 2022, has inter alia approved a composite scheme of amalgamation for the amalgamation of: (i) HDFC Investments Limited and HDFC Holdings Limited, wholly-owned subsidiaries of the Corporation, with and into the Corporation and (ii) the Corporation with and into HDFC Bank Limited ("HDFC Bank"), and their respective shareholders and creditors, under Sections 230 to 232 of the Companies Act, 2013, the Companies Rules, 2016 and other rules and regulations framed thereunder.
The share exchange ratio for the amalgamation of the Corporation with and into HDFC Bank shall be 42 equity shares (credited as fully paid up) of face value of Re. 1 (Rupee One) each of HDFC Bank for every 25 fully paid up equity shares of face value of Rs. 2 (Rupees Two) each of the Corporation.
In 3rd quarter of FY22, company earned revenue of Rs.535.61 Cr. with PBT and PAT of Rs.347.09 Cr and Rs.258.03 Cr. respectively.
As of December'21 company has equity share capital of Rs.15.83 Cr., with 1.583 Cr shares at the face value of Rs.10. The company has reserves of Rs.1641.71 Cr with book value per share of Rs.1047.
HDFC securities declared dividend of 148 per share, record date for the same was 24th Dec'21, Friday.
The company is continuously providing dividend from last 3 quarters. In 1st and 2nd quarter of FY22 company provided dividend of Rs.120 and now in the 3rd quarter investors have received dividend of Rs.148 per share.