General Announcement::Outcome of the Board Meeting held on June 10, 2022

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Jun-2022 17:11:11
Status
New
Announcement Sub Title
Outcome of the Board Meeting held on June 10, 2022
Announcement Reference
SG220613OTHRSVJY
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Deputy Vice President
Description (Please provide a detailed description of the event in the box below)
Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Bank, at its meeting held on June 10, 2022, has decided as follows:

1. The 28th Annual General Meeting ( AGM ) of the Bank will be held on Saturday, July 16, 2022 at 2:30 p.m. Indian Standard Time (IST) through video-conferencing (VC) / other audio-visual means (OAVM), in accordance with the General Circular Nos. 20/2020 dated May 5, 2020 and 02/2022 dated May 5, 2022, issued by the Ministry of Corporate Affairs (MCA) and in accordance with circular dated May 13, 2022 issued by the Securities and Exchange Board of India (SEBI) providing relaxations to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Further, in continuation of our intimation dated April 23, 2022, please note that dividend, if approved at the AGM, the date for payment of dividend in electronic form and for dispatch of physical dividend warrants would be Monday, July 18, 2022 onwards.

2. The Board of Directors, on the recommendation of the Audit Committee, has considered and recommended to RBI for approval, Price Waterhouse LLP, Chartered Accountants (ICAI Firm Registration No. 301112E/E300264) as the first preferred firm to act as joint Statutory Auditors of the Bank, in place of MSKA & Associates, retiring auditors of the Bank, for a period of 3 (three) years in relation to FY 2022-23, FY 2023-24 and FY 2024-25, subject to approval of the shareholders at the ensuing AGM of the Bank. This firm shall act as the joint Statutory Auditors of the Bank along with M. M. Nissim & Co. LLP for the remainder of the term of M. M. Nissim & Co. LLP. The brief profile of Price Waterhouse LLP is enclosed with this intimation.

This is for your information and record.

Attachments

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