Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors, at its meeting held today, has duly approved the re-appointment of Mr. Umesh Chandra Sarangi (DIN: 02040436) as an Independent Director on the Board of the Bank for the period commencing from March 1, 2021 till February 5, 2022, (both days inclusive), i.e. till he completes 70 years of age, as per the Banking Regulation Act, 1949, and relevant RBI circulars. His re-appointment shall be subject to the approval of the shareholders at the ensuing Annual General Meeting of the Bank. Further, we wish to confirm that Mr. Sarangi is not disqualified / debarred from being re-appointed to the office of director by virtue of any order of SEBI or any such other authority. You are requested to kindly take the above on your record.
We wish to inform you that the Bank has allotted today 1360696 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. 5505244056 equity shares of Re.1/- each to Rs.5506604752 equity shares of Re.1/- each. Kindly take the same on your record.
We wish to inform you that HDFC Bank Limited (the 'Bank') has become one of the initial subscribers to the Memorandum and Articles of Association of IBBIC Private Limited (IBBIC) on November 20, 2020. Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to provide the following disclosures with respect to the above attached herewith
Conference Call with Credit Suisse Analysts and HDFC Bank Senior Management the Bank's Performance, Consumer Activity and Credit Outlook. Listen to the full earnings transcript. Management in attendance: Srinivasan Vaidyanathan, HDFC Bank CFO
Pursuant to the Regulations, we attach herewith the half-yearly disclosure of Related Party Transactions, on consolidated basis drawn in accordance with the applicable accounting standards, for the period ended September, 2020.