Event Date: June 4, 2024
Dear Shareholder,
The Board of HDFC Securities Limited approved the issue of shares on the Rights Basis at its meeting held on 1st March 2024. The ratio is 2 equity shares of Rs. 10/- each for every 19 equity shares held by the Shareholders, at a premium of Rs. 5,899/-.
Pursuant to Section 91 of the Companies Act, 2013, the board has fixed Monday, 11th March 2024 as the record date to determine eligibility for the Rights Issue. Shareholders holding shares in electronic or physical form as of the record date will be eligible for rights shares.
The terms and conditions of the rights issue will be detailed in the offer letter for eligible Shareholders. Shareholders are requested to inform the Depository Participant (DP) of any changes to their registered addresses at the earliest.
Mitul Palankar, the Company Secretary of HDFC Securities Limited, is noted as acting by order of the board.
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