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
24-Jul-2026 22:09:06
Status
New
Announcement Sub Title
Disclosure
Announcement Reference
SG260724OTHRVGM2
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
VP - Group Oversight and Secretarial
Description (Please provide a detailed description of the event in the box below)
We wish to inform you that the Bank has elected to exercise the Call Option in respect of the US$ 1,000,000,000 3.7% Additional Tier 1 Notes ( Bonds ) issued on August 25, 2021, in accordance with condition 4(b) (Redemption at the Option of the Issuer) of the Terms and Conditions of the said Bonds.

We wish to further inform you that the Bank will redeem the said Bonds in full on the First Call Date, i.e., August 25, 2026, at the applicable redemption price, together with accrued and unpaid interest/distributions up to (but excluding/including, as applicable) the redemption date, in accordance with the Terms and Conditions of the said Bonds.

A letter dated July 24, 2026 has been issued to the Trustee i.e. Citicorp International Limited, with an instruction to issue a notice of redemption to all the eligible Bondholders as per the prescribed timelines and mode of delivery.

The terms and conditions of the call exercise are given below:

Nature of Securities Description of securities ISIN CUSIP Amount Outstanding Call/ Redemption Date Redemption Price
Additional Tier1 Notes sold under Regulation S US$ 1,000,000,000 3.7% Additional Tier 1 Notes USY3119PFH74
Y3119PFH7
US$ 1,000,000,000 August 25, 2026 100% of the principal amount outstanding (together with accrued and unpaid interest/ distributions up to, but excluding/ including, the redemption date, as applicable under the terms and conditions.)
Additional Tier1 Notes sold under Rule 144A US40415FAA93
40415FAA9


A copy of the said letter is also enclosed herewith.

This is for your information and record.

Attachments

SGX Foreign SE call option.pdf
Total size =557K