HDFC Bank Limited has officially dispatched its postal ballot notice dated April 18, 2026, to shareholders for seeking approval on corporate resolutions through remote electronic voting. The bank published newspaper advertisements on April 21, 2026, confirming the dispatch of the notice to all eligible shareholders.

Postal Ballot Notice Details

The postal ballot notice was sent through electronic mode on April 20, 2026, to all shareholders whose names appear in the Register of Members and Register of Beneficial Owners maintained by depositories NSDL and CDSL. The notice is available on the bank's website and stock exchange platforms including BSE Limited and National Stock Exchange of India Limited.

Remote E-Voting Schedule

The bank has established a comprehensive timeline for the remote electronic voting process. Shareholders can cast their votes electronically during the specified period, with voting rights proportional to equity shares held as of the cut-off date.

Shareholder Information and Compliance

The postal ballot process complies with provisions of Sections 108 and 110 of the Companies Act, 2013, along with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014. The bank has also adhered to MCA circulars and SEBI regulations for electronic voting procedures.

Shareholders holding shares in physical form who have not registered their email addresses are requested to notify their email address in Form ISR-1 along with requisite documents to the Registrar and Share Transfer Agent, Datamatics Business Solutions Limited. Those holding shares in electronic form should register their email addresses with their respective Depository Participants.

Results and Communication

The results of the postal ballot along with the Scrutinizer's Report will be displayed on multiple platforms within two working days from the end of the remote e-voting period. These results will be available on:

• Bank's website at the corporate governance section
• NSDL's e-voting platform
• BSE Limited and National Stock Exchange of India Limited
• Bank's registered office

For any grievances related to electronic voting, shareholders can contact Ms. Pallavi Mhatre, Assistant Vice President, NSDL, at evoting@nsdl.com or call 022-4886 7000. The notice emphasizes that once a vote is cast on a resolution, shareholders cannot subsequently change their vote.

HDFC Bank has announced the approval of its audited standalone and consolidated financial results for the year ended March 31, 2026, along with a comprehensive dividend distribution plan totaling ₹15.50 per equity share. The bank's board meeting held on April 18, 2026, addressed multiple strategic initiatives including dividend recommendations and capital raising plans.

Financial Results and Audit Opinion

The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Joint Statutory Auditors, B S R & Co. LLP and Batliboi & Purohit, have issued an unmodified audit opinion on the financial results, confirming the accuracy and compliance of the bank's financial reporting.

Comprehensive Dividend Distribution

HDFC Bank has structured a substantial dividend payout for shareholders through a combination of special interim and final dividends. The bank previously paid a special interim dividend of ₹2.50 per equity share on August 11, 2025. The board has now recommended a final dividend of ₹13.00 per equity share for the year ended March 31, 2026.

Capital Raising and Strategic Initiatives

The board approved the issuance of various debt instruments totaling ₹60,000 crore during the twelve months following shareholder approval. This includes Perpetual Debt Instruments as part of Additional Tier I capital, Tier II Capital Bonds, and Long-Term Bonds for financing infrastructure sub-sectors through private placement mode.

Additionally, the board approved amendments to the Employee Stock Incentive Scheme 2022, subject to shareholder approval via postal ballot. Key amendments include extending the scheme's validity until May 13, 2031, and increasing the maximum RSUs per employee from 30,000 to 50,000 annually to support employee recognition and retention.

Corporate Governance and Compliance

The board meeting, which commenced at 11:00 AM and concluded at 2:00 PM on April 18, 2026, addressed various governance matters. The trading window for designated persons and their immediate relatives will reopen on April 21, 2026, in compliance with the bank's Share Dealing Code and SEBI regulations. The final dividend recommendation requires shareholder approval at the forthcoming annual general meeting, with the record date set for June 19, 2026.