Notice of Postal Ballot

HDB Financial Services Limited HDB House, Tukaram Sandam Marg, A - Subhash Road, Vile Parle (E), Mumbai – 400057. Web: www.hdbfs.com Tel: 022 – 4911 6350 Fax: 022 – 4911 6666 CIN: L65993GJ2007PLC051028 Email: investorcommunications@hdbfs.com HDB/SLC/2026/1546 October 26, 2026 To, To, Listing Compliance Department Listing Compliance Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No C/1, Block G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Fort, Mumbai - 400051 Mumbai - 400001 Scrip Code: HDBFS Scrip Code: 544429 Dear Sir / Madam, Sub.: Intimation under Regulation 30 and 50(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Notice of Postal Ballot Pursuant to Regulation 30 read with Schedule III and Regulation 50(2) of the SEBI Listing Regulations, we hereby inform you that the Company has issued a Notice of Postal Ballot dated October 22, 2026 (“Notice”), together with the Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 (copy enclosed), seeking approval of the Members of HDB Financial Services Limited (“the Company”) for the resolutions set out in the Notice, through electronic voting (“remote evoting”) in compliance with the relevant circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”) in this regard. The approval of the Members of the Company is being sought through Postal Ballot for the following businesses: 1. Approval for the re-appointment of Mr. Jayesh Chakravarthi (DIN: 08345495) as an Independent Director of the Company 2. Approval for the re-appointment of Ms. Arundhati Mech (DIN: 09177619) as an Independent Director of the Company 3. Approval for the appointment of Mr. Jimmy Tata (DIN: 06888364) as a Non-Executive Director (Nominee of HDFC Bank Limited) of the Company In compliance with the applicable circulars, the Notice is being sent by electronic mode only to those Members whose names appear in the Register of Members / Register of Beneficial Owners maintained by the Company/ Depositories i.e. National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”) as at close of business hours on Friday, October 23, 2026, (the “Cut-off date”) and whose e-mail addresses are registered with the Depositories and / or Registrar and Share Transfer Agent of the Company i.e. MUFG Intime India Private Limited (“RTA”). The Notice is also been made available on the Company’s website at https://www.hdbfs.com/investors under the section ‘Investor Services’ / ‘Postal Ballot’. The Company has engaged NSDL to facilitate remote e-voting to enable the Members to cast their votes electronically. The period for remote e-voting on the resolutions set out in the Notice shall commence on Wednesday, October 28, 2026 at 10:00 A.M. (IST) and end on Thursday, November 26, 2026 at 5:00 P.M. (IST). The Notice is also being uploaded on the website of NSDL at https://www.evoting.nsdl.com. This is for your information and appropriate dissemination. Thanking you, For HDB Financial Services Limited Dipti Jayesh Khandelwal Company Secretary and Compliance Officer Membership No. F11340 Encl.: As above Registered Office: Radhika, 2nd Floor, Law Garden Road, Navrangpura, Ahmedabad - 380 009. HDB Financial Services Limited Corporate Identity Number: L65993GJ2007PLC051028 Registered Office: Radhika, 2nd Floor, Law Garden Road, Navrangpura, Ahmedabad - 380 009 Corporate Office: HDB House, Tukaram Sandam Marg, A-Subhash Road, Vile Parle – (E), Mumbai – 400 057 Tel: +91 22 49116300; Fax: +91 22 49116666, Website: www.hdbfs.com, Email: investorcommunications@hdbfs.com NOTICE OF POSTAL BALLOT [Pursuant to Section 110 of the Companies Act, 2013, read with Companies (Management and Administration) Rules, 2014 each as amended and applicable Circulars issued by the Ministry of Corporate Affairs, Government of India, from time to time.] Dear Member(s), NOTICE is hereby given that pursuant to Section 108 & 110 and all other applicable provisions, if any, of the Companies Act, 2013, (“Act”) (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (“Rules”), Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India (“SS-2”) as amended and in compliance with the applicable guidelines / circulars / rules issued by the Ministry of Corporate Affairs (“MCA”) inter alia including General Circular Nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020 and the latest being No. 03/2025 dated September 22, 2025 issued by MCA, read with other relevant circulars, issued from time to time, Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulation”) and other applicable laws and regulations, as amended from time to time (including any statutory modification(s) or re- enactment(s) thereof for the time being in force, that the special business appended below are proposed to be passed by the Members of the HDB Financial Services Limited (“Company”), through postal ballot (“Postal Ballot”) only by way of remote e-voting process (“remote e-voting”). Special Businesses: ITEM NO. 1: TO APPROVE THE RE-APPOINTMENT OF MR. JAYESH CHAKRAVARTHI (DIN: 08345495) AS AN INDEPENDENT DIRECTOR OF THE COMPANY To consider and if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to Sections 149 and 152 read with Schedule IV and such other applicable provisions of the Companies Act, 2013 (“Act”), the Companies (Appointment and Qualification of Directors) Rules, 2014, Regulations 16(1)(b), 17 and 25 (2A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and RBI Master Directions and relevant circulars issued by the Reserve Bank of India (“RBI”) from time to time, including any amendments, modifications, variations or re-enactments thereof and the Articles of Association of the Company and pursuant to the recommendation of the Nomination and Remuneration Committee of the Board and approval of the Board of Directors of the Company (hereinafter referred to as the “Board”, which term shall be deemed to include the Nomination and Remuneration Committee or any Committee constituted / empowered / to be constituted by the Board from time to time to exercise its powers conferred by this resolution), Mr. Jayesh Chakravarthi (DIN: 08345495), whose term of office as an Independent Director is expiring on January 24, 2027 and who has provided his consent in Form DIR - 2 for re-appointment as an Independent Director of the Company and submitted a declaration that he satisfies the criteria for re-appointment as an Independent Director under the Companies Act and SEBI Listing Regulations, in respect of whom the Company has received a notice in writing under Section 160 of the Companies Act, 2013 from a member proposing his candidature for the office of Director and who is eligible for re-appointment as an Independent Director of the Company, be and is hereby re-appointed as an Independent Director of the Company for a period of 5 (Five) consecutive years commencing from January 25, 2027 up to January 24, 2032 (both days inclusive) and that he shall not be liable to retire by rotation and that he will be entitled to sitting fees and reimbursement of expenses for attending Board and Committee meetings of the Company, as applicable and profit related commission; RESOLVED FURTHER THAT the Board be and is hereby severally authorised to do all such acts, deeds, matters and things and to execute any agreements, documents, instruments and writings as may [Showing first 8,000 characters — download PDF for full document]