TIDM43FN

RNS Number : 0379S

Housing Development Fin. Corp. Ltd.

06 March 2019

Ref. No. SE/2018-19/389

March 6, 2019

BSE Limited National Stock Exchange of India Limited

P. J. Towers, Exchange Plaza, Plot No. C/1, G Block,

Dalal Street, Bandra-Kurla Complex, Bandra (East),

   Mumbai 400 001.                                                        Mumbai 400 051. 
   Kind Attn: - Sr. General Manager                                        Kind Attn: Head - Listing

DCS - Listing Department

Dear Sirs,

   Sub:     Outcome of the Board Meeting and fixing of Record Date

This has reference to our letter dated February 28, 2019 informing you that a meeting of the Board of Directors of the Corporation would be held on Wednesday, March 6, 2019, to inter alia consider and approve payment of interim dividend for the financial year ending March 31, 2019.

In this connection, we are pleased to inform you that the Board of Directors of the Corporation, at its meeting held today i.e. on March 6, 2019, has inter alia approved the payment of interim dividend of ` 3.50 per equity share of ` 2 each of the Corporation, for the financial year ending March 31, 2019, as against an interim dividend of ` 3.50 per equity share for the financial year ended March 31, 2018. The objective of payment of interim dividend is to distribute dividends received by the Corporation from its subsidiary companies during the year to the Corporation's shareholders.

We further wish to inform you that in accordance with Regulation 42 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Record Date for determining the shareholders entitled to the said interim dividend, as approved by the board, shall be Monday, March 18, 2019. Accordingly, the payment of interim dividend to the said shareholders, would commence from Monday, March 25, 2019.

Please also note that in terms of the HDFC Share Dealing Code and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the window for trading in securities of the Corporation by the employees and directors of the Corporation will open on Saturday, March 9, 2019.

Please note that the said Board meeting commenced at 1.30 p.m. and concluded at 3.45 p.m.

We request you to take note of the above and arrange to bring this to the notice of all concerned.

Thank you,

Yours faithfully,

For Housing Development Finance Corporation Limited

Ajay Agarwal

Company Secretary

   cc:        London Stock Exchange,

10, Paternoster Square, London, EC4M 7LS

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END

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