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 00:07:45
Status
New
Announcement Sub Title
Disclosure
Announcement Reference
SG241217OTHR8U0I
Submitted By (Co./ Ind. Name)
HDFC Bank Limited
Designation
Vice President
Effective Date and Time of the event
16/12/2024 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 thereby alleging non-compliances with certain provisions of the SEBI Listing Regulations, in relation to the disclosures made by the Bank with respect to the resignation of Mr. Arvind Kapil, being a senior management employee of the Bank.

The said letter is attached herewith as Annexure A.

The Bank will take necessary steps to address the concern / directive 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 10, 2024 was received by the Compliance Officer of the Bank under the SEBI Listing Regulations on December 16, 2024
Details of the violation(s)/contravention(s) committed or alleged to be committed The said warning letter alleges violation of Para 7 of Part A of Annexure I to SEBI circular no. SEBI/ HO/CFD- PoD-1/P/CIR/2023/123 dated July 13, 2023 read with clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations and Regulation 30 (2) and second proviso to Regulation 30 (6) of SEBI Listing Regulations.
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 =554K