General Announcement::Filing of the Joint Company Scheme Petition with the NCLT

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
12-Dec-2022 17:32:12
Status
New
Announcement Sub Title
Filing of the Joint Company Scheme Petition with the NCLT
Announcement Reference
SG221212OTHRTEBH
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Deputy Vice President
Description (Please provide a detailed description of the event in the box below)
This is in connection with our letter dated April 4, 2022, informing about the decision taken by the Board of Directors of HDFC Bank approving the Scheme under Sections 230 to 232 of the Companies Act, 2013, the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 and other rules and regulations framed thereunder, subject to receipt of various statutory and regulatory approvals.

We further refer to our letter dated November 26, 2022, vide which, we informed you about the receipt of the approval of the equity shareholders (which include public shareholder) to the Scheme at the meeting convened as per the directions of NCLT with requisite majority.

We now wish to inform you that a Joint Company Scheme Petition has been e-filed on December 7, 2022 with NCLT, in accordance with Sections 230-232 of the Companies Act, 2013 and rules thereunder by HIL, HHL, HDFC Limited and HDFC Bank seeking the sanction of the NCLT for the Scheme. The physical filing of the said Joint Company Scheme Petition shall be made in the due course.

The Scheme remains subject to certain statutory and regulatory approvals.

We request you to bring the above to the notice of all concerned.

Attachments

SGXJointcompanyschemepetition.pdf
Total size =505K