HDFC has been engaged in evaluating ways to enhance shareholder value. On the occasion of completing twenty years of operations HDFC had declared a special one time dividend. HDFC has also in recent years enhanced the dividend payout to its shareholders. During the current year pursuant to shareholders approval at the Annual General Meeting, the nominal value of the equity shares of the corporation have been subdivided from Rs 100 per share to Rs 10 per share. The dividend would be payable to shareholders of the corporation as on the record date to be fixed in consultation with the stock exchanges.
Retail growth continues to be strong.
HDFC now has 60 offices in India and a representative office in Dubai.