General Announcement::Receipt of Observation Letter

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 04-Jul-2022 23:37:29
Status: New
Announcement Sub Title: Receipt of Observation Letter
Announcement Reference: SG220704OTHRDJV7
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 proposed 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.

In this regard, we would like to inform you that HDFC Bank has received observation letter with no adverse observations from BSE Limited and observation letter with no objection from the National Stock Exchange of India Limited, both dated July 2, 2022. The copies of said letters are enclosed herewith.

The Scheme remains subject to various statutory and regulatory approvals inter alia including approvals from the Reserve Bank of India, Competition Commission of India, the National Company Law Tribunal and the respective shareholders and creditors of the companies involved in the Scheme, as may be required.

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

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