BSECompany Update1d ago · 29 Aug 2026, 05:50 pm

Disclosure under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

HDFC Bank Ltd · 500180

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HDFC Bank Ltd's Managing Director & Chief Executive Officer (MD&CEO) Sashidhar Jagdishan has decided not to seek re-appointment and will retire on October 26, 2026. The Board has decided to fast-track the process for selecting his successor.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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HDFC Bank Ltd - 500180 - Disclosure Under Regulation 30 And Other Applicable Regulations Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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CIN: L65920MH1994PLC080618 HDFC Bank Limited, Email: shareholder.grievances@hdfc.bank.in Sandoz House, Website: www.hdfc.bank.in Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai – 400018 Tel. No.:022-66521000 Ref. No. SE/2026-27/95 August 29, 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, Ref: Disclosure under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) We hereby inform that Mr. Sashidhar Jagdishan (DIN: 08614396) has conveyed today, his decision to not seek his re-appointment as the Managing Director & Chief Executive Officer (MD&CEO) of the Bank. At its meeting held today, the Board of Directors took note of Mr. Sashidhar Jagdishan’s communication to not seek reappointment. Despite persuasion, Mr. Jagdishan reiterated his decision to not seek reappointment. Accordingly, he shall retire from the services of the Bank upon the close of business hours on October 26, 2026. The Board deeply apricated his commitment, leadership, contribution to the growth, stability of the Bank and his role in successful completion of one of the largest mergers in corporate India. The Board conveyed its best wishes to him in his future endeavors. The Board decided to fast-track the process for selection and appointment of his successor well within time. 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 Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013