BSECompany Update24 Jul 2026 · 24 Jul 2026, 07:07 pm
Exercise of call option on US$1,000,000,000 3.7% Additional Tier 1 Notes issued by HDFC Bank Limited
HDFC Bank Ltd · 500180
✦ AI SummaryResults
HDFC Bank Ltd has exercised its call option on US$1,000,000,000 3.7% Additional Tier 1 Notes issued on August 25, 2021, and will redeem the bonds in full on August 25, 2026, at the applicable redemption price.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
HDFC Bank Ltd - 500180 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015- Exercise Of Call Option On US$ 1,000,000,000 3.7% Additional Tier 1 Notes Issued By HDFC Bank Limited
Attachments (1)
📄pdf
Download →
b515a43d-1227-48d0-9c47-c1ea942346c3.pdf
View document text
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- 400 020
Tel. No.:022-66316000
Ref. No. SE/2026-27/78
July 24, 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 Symbol: HDFCBANK
Dear Sir / Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015- Exercise of call option on US$ 1,000,000,000 3.7% Additional Tier 1 Notes issued by
HDFC Bank Limited (“Bank”)
We wish to inform you that the Bank has elected to exercise the Call Option in respect of the US$
1,000,000,000 3.7% Additional Tier 1 Notes (“Bonds”) issued on August 25, 2021, in accordance with
condition 4(b) (Redemption at the Option of the Issuer) of the Terms and Conditions of the said Bonds.
We wish to further inform you that the Bank will redeem the said Bonds in full on the First Call Date, i.e.,
August 25, 2026, at the applicable redemption price, together with accrued and unpaid interest/distributions
up to (but excluding/including, as applicable) the redemption date, in accordance with the Terms and
Conditions of the said Bonds.
A letter dated July 24, 2026 has been issued to the Trustee i.e. Citicorp International Limited, with an
instruction to issue a notice of redemption to all the eligible Bondholders as per the prescribed timelines
and mode of delivery.
The terms and conditions of the call exercise are given below:
Nature of Description of ISIN CUSIP Amount Call/ Redemption Price
Securities securities Outstanding Redemption
Date
Additional Tier1 US$ USY3119PFH74 Y3119PFH7 US$ August 25, 100% of the principal
Notes sold under 1,000,000,000 1,000,000,000 2026 amount outstanding
Regulation S 3.7% Additional (together with accrued and
Additional Tier1 Tier 1 Notes US40415FAA93 40415FAA9 unpaid interest/
Notes sold under distributions up to, but
Rule 144A excluding/ including, the
redemption date, as
applicable under the terms
and conditions.)
A copy of the said letter is also enclosed herewith.
Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013
This is for your information and record.
Thanking you,
Yours faithfully,
For HDFC Bank Limited
Ajay Agarwal
Company Secretary
Group Head – Secretarial & Group Oversight
Encl: as above