According to a regulatory filing by the bank, the fractional entitlements were aggregated, and the total of those fractions was rounded up to the next whole number and given straight to the trust known as "HDFC Bank Unclaimed factional amount 2023," which is run by Axis Trustee Services Ltd.
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HDFC Bank disburses Rs 42 crore to HDFC Ltd.'s fractional owners
October 23, 2023
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