General Announcement::Disclosure
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
17-Dec-2024 00:00:36
Status
New
Announcement Sub Title
Disclosure
Announcement Reference
SG241216OTHR92OG
Submitted By (Co./ Ind. Name)
HDFC Bank Limited
Designation
Vice President
Effective Date and Time of the event
11/12/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
Please note that Securities and Exchange Board of India has issued an administrative warning letter to the Bank, in relation to its investment banking activities, thereby alleging non-compliances with certain provisions of the SEBI (Merchant Bankers) Regulations, 1992, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and SEBI (Prohibition of Insider Trading) Regulations, 2015. The Bank will take necessary steps to address the concerns / directives mentioned in such letter.
The details of the above letter, as required is given below:
Matter Information
Name of the authority Securities and Exchange Board of India ( SEBI )
Nature and details of the action(s) taken, initiated or order(s) passed In the nature of administrative warning letter received from SEBI
Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority The administrative warning letter December 9, 2024 was received by the Bank on December 11, 2024
Details of the violation(s)/contravention(s) committed or alleged to be committed The said warning letter alleges non-compliances with certain provisions of the SEBI (Merchant Bankers) Regulations, 1992, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and SEBI (Prohibition of Insider Trading) Regulations, 2015
Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
No impact
This is for your information and appropriate dissemination.
Attachments
SGX.pdf
Total size =498K
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