1:1 Bonus Issue, Rs. 5 Special Interim Dividend: How To Set Up Trade For HDFC Bank Ahead of Record Date?

The largest private sector lender in India, HDFC Bank, announced bonus shares for the first time ever and a special interim dividend for FY26 on Saturday in addition to releasing its financial results for the quarter that ended on June 30, 2025 (Q1FY26). The record date has been confirmed for both corporate actions. Let's now see how traders may set up their trades for HDFC Bank shares on Monday to be eligible for the combo perks, which include a dividend and bonus shares.

HDFC Bank 1st Ever Bonus Shares

"The Board of Directors have approved issuance of bonus shares in the proportion of 1:1, i.e. 1 bonus equity share of Rs 1 each for every 1 fully paid-up equity share held as on the record date, subject to statutory and regulatory approvals as applicable, and approval of shareholders of the Bank to be obtained by way of postal ballot," said HDFC Bank in a stock exchange filing on 19th July.

According to a stock exchange filing, the record date for figuring out the bank's members' eligibility to earn bonus equity shares is Wednesday, August 27, 2025.

This bonus issuance would be carried out by capitalizing the Securities Premium Account, which as of June 30, 2025, has a balance of Rs 13,63,15,35,97,062. Based on stock option exercises up until the record date, the final number may vary, but the bank will issue approximately 76,67,91,364 bonus equity shares amounting to Rs 766.79 crore.

The authorized share capital was raised from Rs 1,190.61 crore to Rs 2,000 crore in order to cover the bonus issuance, while the pre-bonus paid-up share capital was Rs 766.79 crore, which will double to Rs 1,533.58 crore following the bonus. Bonus shares shall be credited no later than September 18, 2025, which is two months after the Board's approval date.

HDFC Bank Special Interim Dividend For FY26

"The Board of Directors has declared a special interim dividend of Rs 5 per equity share of Rs 1, pre-bonus issuance," HDFC Bank confirmed in a stock exchange filing today.

Friday, July 25, 2025, is the record date fixed for determining the eligibility of the members to receive the aforementioned special interim dividend. According to a regulatory filing by HDFC Bank, eligible shareholders will get the special interim dividend on Monday, August 11, 2025.

HDFC Bank Q1 Results Highlights

HDFC Bank reported a strong 12.24% YoY rise in its standalone net profit to Rs 18,155.21 crore for the quarter ending June 30, 2025 (Q1FY26) as reported on Saturday. During the same period last year, the profit after tax was Rs 16,174.75 crore.

Net interest income grew by 5.4% YoY, from Rs 29,840 crore in Q1FY25 to Rs 31,440 crore.

Throughout Q1 FY26, HDFC Bank has shown ongoing resilience in asset quality, indicating a steady and effectively managed credit portfolio. Both the Net Non-Performing Assets (NNPA) and Gross Non-Performing Assets (GNPA) ratios were maintained at 0.40% and 1.40%, respectively, demonstrating strong credit discipline and efficient risk management.

Gross non-performing assets (NPAs) showed a modest increase from Rs 352 billion in March 2025 to Rs 360 billion in June 2025, indicating limited slippages and steady recoveries.

On June 30, 2024, HDFC Bank's total balance sheet size was Rs 35,67,250 crore; by June 30, 2025, it had grown to Rs 39,54,100 crore.

In the first quarter of FY26, HDFC Bank reported a decrease in its consolidated net profit from Rs 16,475 crore to Rs 16,258 crore.

HDFC Bank Share Price Target 1

"On the daily chart, the stock has closed below its 20-day Moving Average, indicating a weakening short-term trend. However, it is currently hovering near the lower band of an upward rising channel, which is acting as a strong support zone and may potentially lead to a bounce-back move. Additionally, a Bearish Harami candlestick pattern has formed, which is a bearish reversal signal, suggesting possible further downside pressure," commented KKunal V Parar - VP of Technical Research and Algo at Choice Broking.

"The daily RSI is trending below the 50 level, reflecting negative momentum and weak market breadth. If the stock breaks below the lower band of the channel, which is currently placed at ₹1935, it may witness further decline towards ₹1880 and ₹1740 levels. On the upside, immediate resistance is seen near ₹2025," the analyst further added.

HDFC Bank Target Price 2

"HDFC Bank (CMP ₹1,956) is showing a stable and gradually bullish trend, trading above key moving averages with consistent support near ₹1,920. The stock is consolidating just below the crucial resistance zone of ₹1,980-₹2,000. A breakout above ₹2,000 could trigger a move toward ₹2,050-₹2,100 in the short term. The overall structure remains positive, backed by rising volumes and supportive momentum indicators. As long as it holds above ₹1,920, the bias stays bullish. Traders may consider entering on dips or on a breakout above ₹2,000, with a stop-loss placed slightly below ₹1,920 to manage risk effectively," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.