HDFC Bank has secured approval from the Reserve Bank of India (RBI) to extend the tenure of Keki Mistry as an interim Part-time Chairman for a further period of three months. This extension is valid until September 18, 2026, or until the appointment of a regular Part-time Chairman, whichever is earlier. The approval follows an application submitted by the Bank to the RBI regarding the leadership transition.

Board Meeting and AGM Schedule

The Board of Directors, at its meeting held on June 18, 2026, approved convening the 32nd Annual General Meeting (AGM). The meeting is scheduled for Wednesday, August 5, 2026, at 2:00 p.m. Indian Standard Time (IST) and will be conducted through two-way video-conferencing (VC). This decision aligns with the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board Meeting commenced at 02:00 p.m. on June 18, 2026, and the resolutions regarding the AGM were approved at 04:25 p.m. Mr. Ajay Agarwal, Company Secretary and Group Head – Secretarial & Group Oversight, signed the regulatory filing confirming these updates.

Dividend Declaration

The Board has proposed a dividend of ₹13 per equity share of Re. 1/- each for the financial year ended March 31, 2026. The payment of this dividend is contingent upon approval by the shareholders at the upcoming AGM, with the dividend payment date set to occur on or after Thursday, August 6, 2026.

Key Event Summary

The following table outlines the key corporate events and their scheduled timelines:

HDFC Bank has completed the issuance of USD 750 million senior unsecured bonds through its GIFT City IFSC Banking Unit on June 16, 2026. The five-year bonds carry a coupon rate of 5.067% per annum, with interest payments scheduled semi-annually on June 24 and December 24 each year, commencing December 24, 2026. The notes will mature on June 24, 2031, and the proceeds are earmarked for banking activities.

The issued notes are unsecured and rank senior in the capital structure. They are expected to receive a rating of Baa3 by Moody’s Rating Services and BBB by S&P. The bonds will be listed on the India International Exchange (IFSC) Limited and NSE IFSC, providing access to international investors.

Key Details of the Issuance

The bank confirmed that there are no special rights, interests, or privileges attached to the instrument. Redemption of the bonds will occur at maturity. The disclosure was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.