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HDFC Bank updates on ADR issue

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Capital Market
Last Updated : Feb 06 2015 | 12:46 PM IST

Issue price is USD 57.76 per ADR; ADR issue closure on 05 February 2015

HDFC Bank announced that in respect of the ADR Offering, the Special Committee of the Bank has, at its meeting held on 05 February 2015, inter alia, has passed the following resolutions:

1. declared the closure of the issue period for the ADR Offering on 05 February 2015;

2. determined and approved the issue price of US$ 57.76 per ADR to be issued to eligible investors in the ADR Offering; and

3. approved the final prospectus supplement in connection with the ADR Offering.

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First Published: Feb 06 2015 | 11:41 AM IST

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