Mergar of HDFC with HDFC bank. Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank (face value of Re 1 each) for 25

Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank (face value of Re 1 each) for 25 shares of HDFC Ltd of Rs 2 each — a ratio of 1:1.68.
Shareholder with less than 25 HDFC Share get Shares or not?

The answer lies in your question. For one HDFC share you will get one HDFC bank share and 0.68 worth value (in rupees) will be sent your bank account after some days.

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Less than 1 share is called fractional share, as it cannot be given, the share value amount of 0.68 share will be given.