General Announcement::Termination of Global Depository Receipts program of HDFC Bank Limited

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
23-Apr-2019 23:25:50
Status
New
Announcement Sub Title
Termination of Global Depository Receipts program of HDFC Bank Limited
Announcement Reference
SG190423OTHRBLVA
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Asst Vice President
Description (Please provide a detailed description of the event in the box below)
We wish to inform you that, in view of the minimal number of GDRs outstanding and the low trading volume of the GDRs, the Board of Directors of the Bank ( Board ) has, in its meeting held on April 20, 2019, considered and approved the proposal for termination of the GDR program and delisting of 22 GDRs (representing 11 underlying equity shares of the Bank cumulatively), which are outstanding and listed on the LSE, subject to compliance with applicable laws.

The Bank shall take necessary steps in this regard.

This is for your information and record.

Attachments

SGX GDR Termination.pdf
Total size =96K