General Announcement::Appointment of Mr. Anup Bagchi as an Additional Director and as the MD & CEO

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
02-Oct-2026 01:57:25
Status
New
Announcement Sub Title
Appointment of Mr. Anup Bagchi as an Additional Director and as the MD & CEO
Announcement Reference
SG261002OTHR9WIQ
Submitted By (Co./ Ind. Name)
Dhanjit Thaivallapil
Designation
Vice President
Effective Date and Time of the event
01/10/2026 17:30:00
Description (Please provide a detailed description of the event in the box below)
In furtherance to our intimation dated September 12, 2026, we wish to inform you that pursuant to an application made by the Bank to the Reserve Bank of India ( RBI ), the RBI vide its communication dated October 1, 2026, has approved appointment of Mr. Anup Bagchi (DIN: 00105962) as the Managing Director & Chief Executive Officer ( MD & CEO ) of the Bank and the remuneration payable to him, under Section 35B of the Banking Regulation Act, 1949 for a period of 3 (three) years with effect from October 27, 2026.

Consequently, the Board of Directors of the Bank, based on the recommendation of the Governance, Nomination and Remuneration Committee, at its meeting held today i.e. October 1, 2026 approved the following:

a. appointment of Mr. Anup Bagchi as an Additional Director of the Bank w.e.f. October 2, 2026 till the date of approval of the shareholders as per the provisions of Companies Act, 2013; and

b. appointment of Mr. Anup Bagchi as the MD & CEO of the Bank on such terms and conditions including remuneration, as approved by the RBI, for a period of 3 (three) years with effect from October 27, 2026, subject to approval of the shareholders as per the provisions of Companies Act, 2013.

Mr. Anup Bagchi is not related to any other Director or Key Managerial Personnel of the Bank and is not debarred from holding the office of an Additional Director / Director, by virtue of any SEBI order or any other such authority.

You are requested to kindly take the above on your record.

Attachments

SGX- Anup.pdf
Total size =598K