Annual Report 2015 of HDB Financial Services Limited

It is a broadly described annual report of HDB Financial Services Limited in the year of 2015. The Company posted total income and the net profit of Rupee. 2,527.26 Crore and Rupee. 349.45 Crore, respectively, for the financial year ended 31^st March 2015, as against Rupee. 1,688.27 Crore and Rupee. 209.24 Crore, respectively, in the previous year. The Company allotted 18,51,53,857 equity shares under the Rights Issue at a price of Re. 65/- per share (including premium of Re. 55/- per share). The issued, subscribed and paid-up share capital of The Company stands increased to Rupee. 6,99,46,98,760 comprising of 69,94,69,876 equity shares of Re. 10/- each as on 31^st March 2015.

The Board of Directors is pleased to recommend a dividend of Re. 0.70 (Paise Seventy only) per equity share i.e. @7 % (Seven percent) on each Equity Share of Re. 10/- (Rupees ten only), entailing a payout of Re. 58.98 Crore, including dividend distribution tax for the year 2015.

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