BSECompany Update30 Sept 2026 · 30 Sept 2026, 06:29 pm

Disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015

HDFC Bank Ltd · 500180

✦ AI SummaryMgmt Change

HDFC Bank Ltd has announced the appointment of Mr. V. N. Srivatsan as the Chief Compliance Officer, replacing Mr. Rakesh Kumar Rajput, whose tenure ended on September 30, 2026.

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Earnings Impact1/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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HDFC Bank Ltd - 500180 - Announcement under Regulation 30 (LODR)-Change in Management

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CIN: L65920MH1994PLC080618 HDFC Bank Limited, Email: shareholder.grievances@hdfc.bank.in HDFC House, Website: www.hdfc.bank.in H.T. Parekh Marg 165-166, Backbay Reclamation, Churchgate, Mumbai- 400020 Tel.:022-66316000 Ref. No. SE/2026-27/114 September 30, 2026 BSE Limited National Stock Exchange of India Limited Dept of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza Dalal Street, Fort, Bandra Kurla Complex, Mumbai 400 001 Mumbai 400 051 Scrip code: 500180 Scrip code: HDFCBANK Dear Sir/Madam, Sub: Disclosure under Regulation 30 read with Clause 7 of Paragraph A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) We refer to our intimation dated September 29, 2023 with regard to the appointment of Mr. Rakesh Kumar Rajput as the Chief Compliance Officer of the Bank, as per the provisions of the Banking Regulation Act, 1949, for a period of 3 (three) years, ending September 30, 2026. Accordingly, Mr. Rajput has completed his tenure as the Chief Compliance Officer of the Bank from the close of business hours on September 30, 2026. We wish to inform you that based on the recommendations of the Audit Committee and the Governance, Nomination and Remuneration Committee, the Board of Directors of the Bank at its meeting held today i.e. on September 30, 2026, has approved the appointment of Mr. V. N. Srivatsan as the Chief Compliance Officer of the Bank, as per the provisions of the Reserve Bank of India (Commercial Banks- Compliance Function) Directions, 2026, for a period of 3 (three) years, with effect from his date of joining. He is proposed to join on January 4, 2027. During the intervening period, Mr. Venkateswaran L, currently Compliance Head - Credit, Asset Product & Regulatory Reporting, shall hold the responsibility as the Chief Compliance Officer. The details as required in terms of disclosure under Regulation 30 read with Clause 7 of Paragraph A of Part A of Schedule III to the SEBI Listing Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure I. Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013 The Board Meeting at which the above decision was taken, commenced at 10:00 a.m. and concluded at 3:00 p.m. This is for your information and appropriate dissemination. Thank you. Yours faithfully, For HDFC Bank Limited Ajay Agarwal Company Secretary Group Head – Secretarial & Group Oversight Copy to: 1. New York Stock Exchange 2. Singapore Exchange Securities Trading Limited 11, Wall Street, New York 2 Shenton Way 068804 NY 10005, USA # 02-00 SGX Centre 1 Singapore Annexure I Sr. Particulars Description Description 1. Reason for Change viz. Appointment of Mr. V.N. Srivatsan Mr. Rakesh Kumar Rajput was appointment, re-appointment, as the Chief Compliance Officer of appointed as the Chief Compliance resignation, removal, death or the Bank. Officer of the Bank for a period of 3 otherwise (three) years with effect from October 1, 2023 till September 30, 2026. 2. Date of appointment/ Mr. V.N. Srivatsan is appointed as Mr. Rakesh Kumar Rajput has ceased reappointment/ cessation (as the Chief Compliance Officer of the to be the Chief Compliance Officer of applicable) & term of Bank with effect from his date of the Bank from the close of business appointment/re-appointment joining. He is proposed to join on hours on September 30, 2026. January 4, 2027. He will continue to be a full-time He will be a full-time employee of employee of the Bank. the Bank. Term: 3 (three) years from the date of joining. 3. Brief profile (in case of Mr. V. N. Srivatsan has Mr. Rakesh Kumar Rajput has been appointment) approximately 34 years of overall serving as the Bank’s Chief professional experience, including Compliance Officer since October 1, around 25 years in the BFSI sector 2023, and his term concluded from the and close to 10 years of direct close of business hours on September experience in Compliance and 30, 2026. Regulatory Inspection. He currently serves as Head – Compliance: Mr. Rajput holds a B.Sc. (Honours) Overseas Banking and Subsidiaries degree, is a Certified Associate of the & Data Privacy Officer at ICICI Indian Institute of Bankers, and has an Bank Limited. Advanced Diploma in Business Management. He holds a Post Graduate degree in Business Administration from PSG College of Technology and a Bachelor of Technology (B. Tech) from Sri Venkateshwara University. He has previously led Retail Banking Compliance and Regulatory Inspection for more than 8 years. His responsibilities have included oversight of regulatory compliance, handling regulatory inspections, designing and implementing compliance frameworks and policies, and working closely with senior management, the Audit Committee, the Board and regulators. Mr. V. N. Srivatsan’s experience is strongly aligned with the requirements of the Chief Compliance Officer role. 4. Disclosure of relationships Not applicable Not applicable between directors (in case of appointment of a director)