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Date
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Announcement
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27-Apr-2023
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The Board of HDFC Bank at its meeting held on 27 April 2023 has approved the appointment of Kaizad Bharucha (DIN: 02490648) as Deputy Managing Director and Bhavesh Zaveri (DIN: 01550468) as Executive Director of the Bank with effect from 19 April 2023.
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22-Apr-2023
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HDFC Bank announced that the Securities and Exchange Board of India vide its letter dated 21 April 2023 to HDFC Asset Management Company
(HDFC AMC), a subsidiary of HDFC and the asset management company of HDFC Mutual Fund (HDFC MF), has granted its approval for the proposed change in control of HDFC AMC.
The change in control of HDFC AMC is due to change in co-sponsor of HDFC MF, on account of composite scheme of amalgamation for the amalgamation of:
(i) HDFC Investments and HDFC Holdings, wholly-owned subsidiaries of
Housing Development Finance Corporation (HDFC), with and into HDFC
and (ii) HDFC with and into HDFC Bank (amalgamation)
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20-Apr-2023
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HDFC Bank has received the approval of the Reserve Bank of India vide communication dated 19 April 2023 for the following:
1. Appointment of Kaizad Bharucha (DIN: 02490648) as Deputy Managing Director of the Bank for a period of 3 (three) years w.e.f. 19 April 2023
2. Appointment of Bhavesh Zaveri (DIN: 01550468) as Executive Director of the Bank for a period of 3 (three) years w.e.f. 19 April 2023.
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15-Apr-2023
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HDFC Bank announced that the Board of Directors of the Company at its meeting held on 15 April 2023, inter alia, have recommended the final dividend of Rs 19 per equity Share (i.e. 1900%) , subject to the approval of the shareholders.
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11-Apr-2023
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The Board of HDFC Bank will meet on 15 April 2023 to consider proposal for raising funds by issuing Perpetual Debt Instruments (part of
Additional Tier I capital), Tier II Capital Bonds and Long-Term Bonds (Financing of Infrastructure and Affordable Housing) up to total amount of Rs. 50,000 crores over the period of next twelve months
through private placement mode.
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31-Mar-2023
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HDFC Bank will hold a meeting of the Board of Directors of the Company on 15 April 2023.
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18-Mar-2023
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HDFC Bank has allotted 790860 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options
Scheme (ESOS).
The Paid up Share Capital of the Bank will accordingly increase from Rs. 5578951926 equity shares of Re.1/- each to Rs. 5579742786 equity shares of Re.1/- each.
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17-Mar-2023
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The National Company Law Tribunal, Mumbai Bench, Mumbai has passed the final order sanctioning the composite scheme of amalgamation (Scheme) for the amalgamation of: (i) HDFC Investments and
HDFC Holdings, wholly-owned subsidiaries of Housing Development Finance Corporation (HDFC) with and into HDFC; and (ii) HDFC
with and into HDFC Bank.
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04-Mar-2023
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HDFC Bank has granted 3,17,091 equity stock options at the grant price of Rs. 1,584.45 in terms of the ESOP Master Scheme ESOS - Plan G - 2016.
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03-Mar-2023
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HDFC Bank has completed the issuance of U.S.$ 750,000,000 5.686% Senior Unsecured Reg S US$ Bonds (Notes) under the US$ 3 Billion Medium Term Note Programme of the Issuer, to overseas investors.
The Notes will be listed on the India International Exchange (IFSC) (India INX) and the NSE IFSC (NSE International Exchange).
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