TIDM60CX

RNS Number : 6351E

Housing Development Fin. Corp. Ltd.

30 June 2023

Ref. No.: SE/2023-24/132

June 30, 2023

BSE Limited National Stock Exchange of India Limited

P. J. Towers, Exchange Plaza, Plot No. C/1,

Dalal Street, Bandra-Kurla Complex, Bandra (East),

   Mumbai 400 001                                                                     Mumbai 400 051 
   Kind Attn: Sr. General Manager                                         Kind Attn: Head - Listing

DCS - Listing Department

Dear Sir/ Madam,

Sub: Disclosure under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") - Annual Report and Business Responsibility & Sustainability Report for FY 23.

Re: Effectiveness of the composite scheme of amalgamation ("Scheme") for the amalgamation of: (i) HDFC Investments Limited ("HDFC Investments"), and HDFC Holdings Limited ("HDFC Holdings"), wholly owned subsidiaries of the Housing Development Finance Corporation Limited ("Corporation"), with and into the Corporation; and (ii) the Corporation, with and into HDFC Bank Limited ("HDFC Bank").

This is in connection with our letter dated April 04, 2022 informing about the decision taken by the Board of Directors of the Corporation approving the Scheme under Sections 230 to 232 of the Companies Act, 2013, and rules and regulations thereunder, subject to receipt of various statutory and regulatory approvals.

This is also in connection with our letter sent earlier today informing that the board of directors of the Corporation at its meeting held today i.e., June 30, 2023 has inter alia noted that Saturday, July 1, 2023, to be the 'Effective Date' of the Scheme and accordingly the Corporation would be dissolved without being wound up with effect from July 1, 2023.

In view of the above, the Corporation would not be able to convene an Annual General Meeting of its Shareholders. However, from a good governance perspective, we have prepared the 46(th) Annual Report of the Corporation in respect of the financial year 2022-23 and Business Responsibility & Sustainability Report for the said financial year.

Please find enclosed the said reports, which are also being uploaded on the website of the Corporation for the information of all its shareholders as well as general public.

We wish to once again thank all our shareholders for showing support and trust to the Corporation over the last four and half decades.

Thanking you,

Yours faithfully,

For Housing Development Finance Corporation Limited

Ajay Agarwal

Company Secretary

Encl: a/a.

http://www.rns-pdf.londonstockexchange.com/rns/6351E_1-2023-6-30.pdf

CC: London Stock Exchange

10, Paternoster Square, London, EC4M 7LS

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ACSURVNRONUNOAR

(END) Dow Jones Newswires

June 30, 2023 12:59 ET (16:59 GMT)

Hdfc.bk 23 (LSE:60CX)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024 Click aqui para mais gráficos Hdfc.bk 23.
Hdfc.bk 23 (LSE:60CX)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024 Click aqui para mais gráficos Hdfc.bk 23.