Shareholders back HDFC Bank (NYSE: HDB) related-party deals and DMD

Rhea-AI Filing Summary

HDFC Bank reported the results of a postal ballot conducted entirely through e-voting, where about 67.7% of its 1,538,880,85,056 equity shares were voted by 13,093 members as of the February 6, 2026 cut-off date.

Shareholders approved four ordinary resolutions authorizing material related party transactions with HDB Financial Services, HDFC Securities, HDFC Life Insurance, and HDFC ERGO General Insurance. Each of these resolutions received roughly 99.6–99.98% votes in favour, with no votes cast by related parties in line with SEBI rules.

Investors also approved an ordinary resolution to re-appoint Mr. Kaizad Bharucha as Deputy Managing Director, including remuneration as cleared by the Reserve Bank of India, with about 97.85% votes in favour. All resolutions are deemed approved as of March 13, 2026.

Insights

Banking governance and compliance analyst

Shareholders strongly backed HDFC Bank’s related-party frameworks and senior leadership continuity.

HDFC Bank secured very high shareholder approval for four ordinary resolutions covering material related party transactions with HDB Financial Services, HDFC Securities, HDFC Life Insurance, and HDFC ERGO General Insurance. Turnout was substantial, with about 67.7% of share capital participating via remote e-voting.

The voting structure reflects regulatory discipline: related parties did not vote on the four transaction items, consistent with Regulation 23(4) of the SEBI Listing Regulations. Public institutional holders cast the dominant share of votes, with support levels near or above 99% on these resolutions, indicating broad acceptance of the bank’s proposed transaction framework.

The re-appointment of Deputy Managing Director Kaizad Bharucha, on terms and remuneration approved by the Reserve Bank of India, received about 97.85% support. This suggests shareholders are comfortable with existing executive leadership. Future company disclosures may detail how these approved related party transaction limits are utilized over time.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of March, 2026

Commission File Number 001-15216

HDFC BANK LIMITED

(Translation of registrant’s name into English)

HDFC Bank House, Senapati Bapat Marg,

Lower Parel, Mumbai. 400 013, India

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒    Form 40-F ☐

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				HDFC BANK LIMITED
				(Registrant)
Date: March 16, 2026				By:		/s/ Ajay Agarwal
				Name:		Ajay Agarwal
				Title:		Company Secretary Group Head- Secretarial & Group Oversight

EXHIBIT INDEX

The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this report pursuant to the General Instructions for Form 6-K.

Exhibit No. 99

Description

Disclosure

Exhibit 99

March 16, 2026

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

Sub: Disclosure

We hereby submit the results of e-voting on the resolutions specified in the Postal Ballot Notice of the Bank dated February 3, 2026.

Based on the report issued by the Scrutinizer i.e. Mr. B. Narasimhan, Proprietor of M/s. BN & Associates, Company Secretaries, we wish to inform you that the resolutions placed through postal ballot as mentioned above, have been passed with requisite majority and the same are deemed to have been approved on the last date of e-voting period i.e. Friday, March 13, 2026.

Please find enclosed herewith the e-voting results in the prescribed format along with a Report issued by the Scrutinizer dated March 14, 2026. The aforesaid documents are also available on the Bank’s website.

We request you to bring the above to the notice of all concerned.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Ajay Agarwal

Company Secretary

Group Head – Secretarial & Group Oversight

 

HDFC BANK LIMITED - VOTING RESULTS OF POSTAL BALLOT

Date of declaration of result of Postal Ballot		13th March, 2026
Total number of shareholders on record date		3782416
No. of Shareholders present in the meeting either in person or through proxy
Promoters and Promoter Group:		NA
Public:
No. of Shareholders attended the meeting through Video Conferencing
Promoters and Promoter Group:		-
Public:		-

Resolution required: (Ordinary/Special)						Ordinary (01) : To approve Material Related Party Transactions with HDB Financial Services Limited
Whether promoter/ promoter group are interested in the agenda/resolution?						NO
Category		Mode of Voting		No. of shares held		No. of Votes Polled		% of Votes Polled on outstanding Shares		No. of Votes - in Favour		No. of Votes - Against		% of Votes in favour on votes Polled		% of Votes against on votes Polled
				1		2		(3)={(2)/(1)}*100		4		5		(6)={(4)/(2)}*100		(7)={(5)/(2)}*100
Promoter and Promoter Group		E-Voting				0		0.000		0		0		0.000		0.000
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		0		0		0.000		0		0		0.000		0.000
Public - Institutions		E-Voting				10382042905		91.800		10345134299		36908606		99.644		0.356
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		11309439188		10382042905		91.800		10345134299		36908606		99.644		0.356
Public - Non Institutions		E-Voting				42769076		1.049		42092711		676365		98.419		1.581
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		4078645868		42769076		1.049		42092711		676365		98.419		1.581
Total				15388085056		10424811981		67.746		10387227010		37584971		99.639		0.361

Resolution required: (Ordinary/Special)						Ordinary (02) : To approve Material Related Party Transactions with HDFC Securities Limited
Whether promoter/ promoter group are interested in the agenda/resolution?						NO
Category		Mode of Voting		No. of shares held		No. of Votes Polled		% of Votes Polled on outstanding Shares		No. of Votes - in Favour		No. of Votes - Against		% of Votes in favour on votes Polled		% of Votes against on votes Polled
				1		2		(3)={(2)/(1)}*100		4		5		(6)={(4)/(2)}*100		(7)={(5)/(2)}*100
Promoter and Promoter Group		E-Voting				0		0.000		0		0		0.000		0.000
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		0		0		0.000		0		0		0.000		0.000
Public - Institutions		E-Voting				10382042905		91.800		10380581763		1461142		99.986		0.014
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		11309439188		10382042905		91.800		10380581763		1461142		99.986		0.014
Public - Non Institutions		E-Voting				42759791		1.048		42103331		656460		98.465		1.535
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		4078645868		42759791		1.048		42103331		656460		98.465		1.535
Total				15388085056		10424802696		67.746		10422685094		2117602		99.980		0.020

Resolution required: (Ordinary/Special)						Ordinary (03) : To approve Material Related Party Transactions with HDFC Life Insurance Company Limited
Whether promoter/ promoter group are interested in the agenda/resolution?						NO
Category		Mode of Voting		No. of shares held		No. of Votes Polled		% of Votes Polled on outstanding Shares		No. of Votes - in Favour		No. of Votes - Against		% of Votes in favour on votes Polled		% of Votes against on votes Polled
				1		2		(3)={(2)/(1)}*100		4		5		(6)={(4)/(2)}*100		(7)={(5)/(2)}*100
Promoter and Promoter Group		E-Voting				0		0.000		0		0		0.000		0.000
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		0		0		0.000		0		0		0.000		0.000
Public - Institutions		E-Voting				10382042905		91.800		10343943477		38099428		99.633		0.367
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		11309439188		10382042905		91.800		10343943477		38099428		99.633		0.367
Public - Non Institutions		E-Voting				42758404		1.048		42119055		639349		98.505		1.495
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		4078645868		42758404		1.048		42119055		639349		98.505		1.495
Total				15388085056		10424801309		67.746		10386062532		38738777		99.628		0.372

Resolution required: (Ordinary/Special)						Ordinary (04) : To approve Material Related Party Transactions with HDFC ERGO General Insurance Company Limited
Whether promoter/ promoter group are interested in the agenda/resolution?						NO
Category		Mode of Voting		No. of shares held		No. of Votes Polled		% of Votes Polled on outstanding Shares		No. of Votes - in Favour		No. of Votes - Against		% of Votes in favour on votes Polled		% of Votes against on votes Polled
				1		2		(3)={(2)/(1)}*100		4		5		(6)={(4)/(2)}*100		(7)={(5)/(2)}*100
Promoter and Promoter Group		E-Voting				0		0.000		0		0		0.000		0.000
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		0		0		0.000		0		0		0.000		0.000
Public - Institutions		E-Voting				10382042905		91.800		10343943477		38099428		99.633		0.367
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		11309439188		10382042905		91.800		10343943477		38099428		99.633		0.367
Public - Non Institutions		E-Voting				42751403		1.048		42086746		664657		98.445		1.555
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		4078645868		42751403		1.048		42086746		664657		98.445		1.555
Total				15388085056		10424794308		67.746		10386030223		38764085		99.628		0.372

Resolution required: (Ordinary/Special)						Ordinary (05) : To approve re-appointment of Mr. Kaizad Bharucha (DIN: 02490648) as the Deputy Managing Director of the Bank, on the terms and conditions relating to the said re-appointment, including remuneration, as approved by the Reserve Bank of India
Whether promoter/ promoter group are interested in the agenda/resolution?						NO
Category		Mode of Voting		No. of shares held		No. of Votes Polled		% of Votes Polled on outstanding Shares		No. of Votes - in Favour		No. of Votes - Against		% of Votes in favour on votes Polled		% of Votes against on votes Polled
				1		2		(3)={(2)/(1)}*100		4		5		(6)={(4)/(2)}*100		(7)={(5)/(2)}*100
Promoter and Promoter Group		E-Voting				0		0.000		0		0		0.000		0.000
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		0		0		0.000		0		0		0.000		0.000
Public - Institutions		E-Voting				10377648882		91.761		10154268982		223379900		97.847		2.153
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		11309439188		10377648882		91.761		10154268982		223379900		97.847		2.153
Public - Non Institutions		E-Voting				43420812		1.065		42605636		815176		98.123		1.877
		Poll				0		0.000		0		0		0.000		0.000
		Postal Ballot (If Applicable)				0		0.000		0		0		0.000		0.000
		Total		4078645868		43420812		1.065		42605636		815176		98.123		1.877
Total				15388085056		10421069694		67.722		10196874618		224195076		97.849		2.151

Yours faithfully,

For HDFC Bank Limited

Ajay Agarwal

Company Secretary

Group Head - Secretarial & Group Oversight

SCRUTINIZER’S REPORT

[Pursuant to sections 108 and 110 of the Companies Act, 2013 and

Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014]

Date: March 14, 2026

To,

The Chairman

HDFC Bank Limited

HDFC Bank House,

Senapati Bapat Marg,

Lower Parel (West),

Mumbai 400 013.

Sub: HDFC Bank Limited - Scrutinizer’s Report on Postal Ballot (E-voting) Results

I, B Narasimhan, Proprietor of BN & Associates, Company Secretaries, had been appointed as a Scrutinizer by the Board of Directors of HDFC Bank Limited (hereinafter referred to as the “Bank”) at its meeting held on January 17, 2026 to scrutinize the e-voting process in a fair and transparent manner in respect of all the resolutions as stated in the Postal Ballot Notice dated February 03, 2026 (the “Postal Ballot Notice”).

In compliance with the provisions of Sections 108 and 110 of the Companies Act, 2013 (the “Act”) read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014, including any statutory amendment(s), modification(s), variation(s) or re-enactment(s) thereto, for the time being in force and in compliance with the applicable guidelines / circulars / rules issued by the Ministry of Corporate Affairs (“MCA”) inter alia including General Circular No. 03/2025 dated September 22, 2025 read with other relevant circulars issued by MCA (“MCA Circulars”) from time to time, Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), Secretarial Standard on General Meetings (“SS-2”) issued by the Institute of Company Secretaries of India, and other applicable laws and regulations, if any, the following special businesses mentioned in the Postal Ballot Notice were proposed to be passed by the Members of the Bank by way of Postal Ballot through voting by electronic means (“remote e-voting”) only. The Bank had, accordingly, provided facility of remote e-voting to all Members of the Bank to enable them to cast their votes electronically on the special businesses mentioned in the Notice.

The Bank had engaged the services of National Securities Depository Limited, as the Electronic Voting Service Provider (“NSDL”) who had made necessary arrangements to facilitate remote e-voting by the shareholders of the Bank on their website www.evoting.nsdl.com. Datamatics Business Solutions Limited is the Registrar and Share Transfer Agent for the Bank (the “RTA”).

The Bank had sent the Postal Ballot Notice including all the requisite information required by the shareholders to cast their vote(s), in electronic form only to those Members who had registered their e-mail addresses with the Bank / RTA / Depository Participants, as on Friday, February 06, 2026 (being the cut-off date specified for the purpose of identifying eligibility of Members to vote on the Postal Ballot). The communication of the assent or dissent of the Members was sought through the remote e-voting system only.

1

The Bank and NSDL had uploaded the Postal Ballot Notice together with the explanatory statement on their respective websites viz. www.hdfc.bank.in and www.evoting.nsdl.com and Electronic Voting Event Number “138381” (’EVEN’) was generated for casting the votes through the e-voting mode. The Bank and NSDL have complied with all the necessary formalities specified under the Act, the Rules framed thereunder and the MCA Circulars issued in this regard.

The Management of the Bank is responsible for ensuring compliance with the requirements of the Act and the Rules made thereunder and SEBI Listing Regulations relating to the items placed for approval of the Members through Postal Ballot by e-voting. My responsibility as the Scrutinizer of the voting process (through e-voting), was restricted to scrutinizing the remote e-voting process, in a fair and transparent manner and to prepare a Scrutinizer’s Report on the votes cast in favour or against the resolutions stated in the Postal Ballot Notice, based on the data generated from the e-voting system provided by NSDL.

I report that the Postal Ballot Notice was sent on Wednesday, February 11, 2026 through e-mail to 36,44,490 Members whose e-mail addresses were registered with the RTA /Depositories. The total Number of Members as on the Cut-off date were37,82,416.

The e-voting period commenced on Thursday, February 12, 2026 at 10:00 a.m. (IST) and ended on Friday, March 13, 2026 at 5.00 p.m. (IST). The Bank also published an advertisement in newspapers having nation-wide circulation on Thursday February 12, 2026 viz. in “Business Standard”, English Newspaper (all editions), and in “Navshakti”, Marathi Newspaper (Mumbai edition) providing requisite information as required under Rules framed under the Act and MCA Circulars.

The resolutions for which approval of the Members of the Bank was sought as stated in the Postal Ballot Notice is mentioned hereunder:-

Sr. No.		Type of Resolution		Description of the resolution
1.		As an Ordinary Resolution		To approve Material Related Party Transactions with HDB Financial Services Limited
2.		As an Ordinary Resolution		To approve Material Related Party Transactions with HDFC Securities Limited
3.		As an Ordinary Resolution		To approve Material Related Party Transactions with HDFC Life Insurance Company Limited
4.		As an Ordinary Resolution		To approve Material Related Party Transactions with HDFC ERGO General Insurance Company Limited
5.		As an Ordinary Resolution		To approve re-appointment of Mr. Kaizad Bharucha (DIN: 02490648) as the Deputy Managing Director of the Bank, on the terms and conditions relating to the said re-appointment, including remuneration, as approved by the Reserve Bank of India

2

SUMMARY OF VOTES CAST:

The e-voting process concluded at 5.00 p.m. IST on Friday March 13, 2026. After the closure of e-voting process, the votes cast through e-voting facility were duly unblocked by me as the Scrutinizer in the presence of Mr Vivek Ramnani and Mr Aashaye Kumar witnesses, not in employment of the Bank, as prescribed under sub-rule 4(xii) of Rule 20 of the Companies (Management and Administration) Rules, 2014. Since e-voting facility was provided by NSDL, the details of the e-voting exercised by the Members were duly compiled by NSDL. The details of the e-voting, the compilation of the Register containing the statement of Member’s name, DP ID, Client ID and/or folio number, number of shares held, number of votes exercised, votes in favour and votes against generated by NSDL from their website, were duly scrutinized.

On scrutiny, I report that out of 37,82,416, Members holding shares as on the cut-off date, i.e. Friday, February 06, 2026, 13,093 Members holding 10,46,48,61,678 shares have exercised their votes through remote e-voting.

The details of Postal Ballot results for the special businesses placed for consideration and approval of the Members is given below:

NOTES:

Votes cast in favour or against has been considered on the basis of number of shares held as on Friday, February 06, 2026 i.e. the cut-off date reckoned for the purpose of Postal Ballot.

*Vote Cast in favour or against have been calculated based on the Valid Votes cast through remote e-voting.

In terms of Regulation 23(4) of the SEBI Listing Regulations, no related party shall vote to approve the resolutions pertaining to material related party transactions. Accordingly, as per the list of related parties provided by the Bank, none of the related parties of the Bank have voted to approve resolution nos. 1 to 4 as mentioned in the Postal Ballot Notice.

Item No 1: As an Ordinary Resolution:

To approve Material Related Party Transactions with HDB Financial Services Limited

Total no. of Members		37,82,416
Total no. of Equity Shares		15,38,80,85,056
E-voting as per the Postal Ballot Notice		From 10.00 a.m. IST on Thursday, February 12, 2026 till 5.00 p.m. IST  on Friday, March 13, 2026
				Number of members Voted		Number of Shares
Total votes cast through e-voting		A		13,093		10,46,48,61,678
Less: Abstained/Less voted		B		47		4,00,49,697
Net Number of E-Votes (A-B) considered valid		C		13,046		10,42,48,11,981

3

Summary of e-voting through Postal Ballot

Promoter/ Public		No. of shares held (1)		No. of votes cast (2)		% of votes cast on outstanding shares (3) =[(2)/(1)]*100		No. of votes - in favour (4)		No. of votes - against (5)		% of votes in favour on votes cast (6)=[(4)/ (2)]*100		% of votes against on votes cast (7)=[(5)/ (2)]*100
Promoter and Promoter Group		Nil		Nil		Nil		Nil		Nil		Nil		Nil
Public-Institutional holders*		11,30,94,39,188		10,38,20,42,905		91.7998		10,34,51,34,299		3,69,08,606		99.6445		0.3555
Public-others		4,07,86,45,868		4,27,69,076		1.0486		4,20,92,711		6,76,365		98.4186		1.5814
Total		15,38,80,85,056		10,42,48,11,981		67.7460		10,38,72,27,010		3,75,84,971		99.6395		0.3605

Percentage of votes cast in Favour. 99.6395    Percentage of votes cast Against: 0.3605

RESULTS: -

As the number of votes cast in favour of the Resolution is more than the number of votes cast against, I report that the Ordinary Resolution as per Item No. 1 as set forth in the Postal Ballot Notice dated Tuesday, February 03, 2026 has been passed by the Members with requisite majority. The Resolution is deemed as passed on the last date for e-voting i.e. Friday, March 13, 2026

Item No 2: As an Ordinary Resolution:

To approve Material Related Party Transactions with HDFC Securities Limited

Total no. of Members		37,82,416
Total no. of Equity Shares		15,38,80,85,056
E-voting as per the Postal Ballot Notice		From 10.00 a.m. IST on Thursday February 12, 2026 till 5.00 p.m. IST on Friday March 13, 2026
				Number of members Voted		Number of Shares
Total votes cast through e-voting		A		13,093		10,46,48,61,678
Less: Abstained/Less voted		B		72		4,00,58,982
Net Number of E-Votes (A-B) considered valid		C		13,021		10,42,48,02,696

4

Summary of e-voting through Postal Ballot

Promoter/ Public		No. of shares held (1)		No. of votes cast (2)		% of votes cast on outstanding shares (3) =[(2)/(1)]*100		No. of votes - in favour (4)		No. of votes - against (5)		% of votes in favour on votes cast (6)=[(4)/ (2)]*100		% of votes against on votes cast (7)=[(5)/ (2)]*100
Promoter and Promoter Group		Nil		Nil		Nil		Nil		Nil		Nil		Nil
Public-Institutional holders*		11,30,94,39,188		10,38,20,42,905		91.7998		10,38,05,81,763		14,61,142		99.9859		0.0141
Public-others		4,07,86,45,868		42,75,97,91		1.0484		4,21,03,331		6,56,460		98.4648		1.5352
Total		15,38,80,85,056		10,42,48,02,696		67.7459		10,42,26,85,094		21,17,602		99.9797		0.0203

Percentage of votes cast in Favour: 99.9797     Percentage of votes cast Against: 0.0203

RESULTS: -

As the number of votes cast in favour of the Resolution is more than the number of votes cast against, I report that the Ordinary Resolution as per Item No. 2 as set forth in the Postal Ballot Notice dated Tuesday, February 03, 2026 has been passed by the Members with requisite majority. The Resolution is deemed as passed on the last date for e-voting i.e. Friday, March 13, 2026

Item no 3: As an Ordinary Resolution

To approve Material Related Party Transactions with HDFC Life Insurance Company Limited

Total no. of Members		37,82,416
Total no. of Equity Shares		15,38,80,85,056
E-voting as per the Postal Ballot Notice		From 10.00 a.m. IST on Thursday February 12, 2026 till 5.00 p.m. IST on Friday March 13, 2026
				Number of members Voted		Number of Shares
Total votes cast through e-voting		A		13,093		10,46,48,61,678
Less: Abstained/Less voted		B		85		4,00,60,369
Net Number of E-Votes (A-B) considered valid		C		13,008		10,42,48,01,309

5

Summary of e-voting through Postal Ballot

Promoter/ Public		No. of shares held (1)		No. of votes cast (2)		% of votes cast on outstanding shares (3) =[(2)/(1)]*100		No. of votes - in favour (4)		No. of votes - against (5)		% of votes in favour on votes cast (6)=[(4)/ (2)]*100		% of votes against on votes cast (7)=[(5)/ (2)]*100
Promoter and Promoter Group		Nil		Nil		Nil		Nil		Nil		Nil		Nil
Public-Institutional holders*		11,30,94,39,188		10,38,20,42,905		91.7998		10,34,39,43,477		3,80,99,428		99.6330		0.3670
Public-others		4,07,86,45,868		4,27,58,404		1.0482		4,21,19,055		6,39,349		98.5047		1.4953
Total		15,38,80,85,056		10,42,48,01,309		67.7459		10,38,60,62,532		3,87,38,777		99.6284		0.3716

Percentage of votes cast in Favour: 99.6284     Percentage of votes cast Against: 0.3716

RESULTS: -

As the number of votes cast in favour of the Resolution is more than the number of votes cast against, I report that the Ordinary Resolution as per Item No. 3 as set forth in the Postal Ballot Notice dated Tuesday, February 03, 2026 has been passed by the Members with requisite majority. The Resolution is deemed as passed on the last date for e-voting i.e. Friday, March 13, 2026

Item no 4: As an Ordinary Resolution.

To approve Material Related Party Transactions with HDFC ERGO General Insurance Company Limited

Total no. of Members		37,82,416
Total no. of Equity Shares		15,38,80,85,056
E-voting as per the Postal Ballot Notice		From 10.00 a.m. IST on Thursday February 12, 2026 till 5.00 p.m. IST on Friday March 13, 2026
				Number of members Voted		Number of Shares
Total votes cast through e-voting		A		13,093		10,46,48,61,678
Less: Abstained/Less voted		B		93		4,00,67,370
Net Number of E-Votes (A-B) considered valid		C		13,000		10,42,47,94,308

6

Summary of e-voting through Postal Ballot

Promoter/ Public		No. of shares held (1)		No. of votes cast (2)		% of votes cast on outstanding shares (3) =[(2)/(1)]*100		No. of votes - in favour (4)		No. of votes - against (5)		% of votes in favour on votes cast (6)=[(4)/ (2)]*100		% of votes against on votes cast (7)=[(5)/ (2)]*100
Promoter and Promoter Group		Nil		Nil		Nil		Nil		Nil		Nil		Nil
Public-Institutional holders*		11,30,94,39,188		10,38,20,42,905		91.7998		10,34,39,43,477		3,80,99,428		99.6330		0.3670
Public-others		4,07,86,45,868		4,27,51,403		1.0482		4,20,86,746		6,64,657		98.4453		1.5547
Total		15,38,80,85,056		10,42,47,94,308		67.7459		10,38,60,30,223		3,87,64,085		99.6282		0.3718

Percentage of votes cast in Favour 99.6282    Percentage of votes cast Against: 0.3718

RESULTS: -

As the number of votes cast in favour of the Resolution is more than the number of votes cast against, I report that the Ordinary Resolution as per Item No. 4 as set forth in the Postal Ballot Notice dated Tuesday, February 03, 2026 has been passed by the Members with requisite majority. The Resolution is deemed as passed on the last date for e-voting i.e. Friday, March 13, 2026

Item no 5: As an Ordinary Resolution.

To approve re-appointment of Mr. Kaizad Bharucha (DIN: 02490648) as the Deputy Managing Director of the Bank, on the terms and conditions relating to the said re-appointment, including remuneration, as approved by the Reserve Bank of India

Total no. of Members		37,82,416
Total no. of Equity Shares		15,38,80,85,056
E-voting as per the Postal Ballot Notice		From 10.00 a.m. IST on Thursday February 12, 2026 till 5.00 p.m. IST on Friday March 13, 2026
				Number of members Voted		Number of Shares
Total votes cast through e-voting		A		13,093		10,46,48,61,678
Less: Abstained/Less voted		B		52		4,37,91,984
Net Number of E-Votes (A-B) considered valid		C		13,041		10,42,10,69,694

7

Summary of e-voting through Postal Ballot

Promoter/ Public		No. of shares held (1)		No. of votes cast (2)		% of votes cast on outstanding shares (3) =[(2)/(1)]*100		No. of votes - in favour (4)		No. of votes - against (5)		% of votes in favour on votes cast (6)=[(4)/ (2)]*100		% of votes against on votes cast (7)=[(5)/ (2)]*100
Promoter and Promoter Group		Nil		Nil		Nil		Nil		Nil		Nil		Nil
Public-Institutional holders*		11,30,94,39,188		10,37,76,48,882		91.7610		10,15,42,68,982		22,33,79,900		97.8475		2.1525
Public-others		4,07,86,45,868		4,34,20,812		1.0646		4,26,05,636		8,15,176		98.1226		1.8774
Total		15,38,80,85,056		10,42,10,69,694		67.7217		10,19,68,74,618		22,41,95,076		97.8486		2.1514

Percentage of votes cast in Favour: 97.8486     Percentage of votes cast Against: 2.1514

RESULTS: -

As the number of votes cast in favour of the Resolution is more than the number of votes cast against, I report that the Ordinary Resolution as per Item No. 5 as set forth in the Postal Ballot Notice dated Tuesday, February 03, 2026 has been passed by the Members with requisite majority. The Resolution is deemed as passed on the last date for e-voting i.e. Friday March 13, 2026.

I further report that as per the Postal Ballot Notice dated Tuesday, February 03, 2026 and the Board Resolution dated Saturday, January 17, 2026, the Chairman or a person authorised by him in writing may declare and confirm the above results of voting by Postal Ballot in respect of the Resolutions referred, within two working days of the closure of the remote e-voting period. The result of the Postal Ballot will be displayed on the website of the Bank www.hdfc.bank.in and on the website of NSDL www.evoting.nsdl.com. The results shall also be forwarded to the Stock Exchanges and hosted on the websites of BSE Limited and National Stock Exchange of India Limited, the Exchanges where the equity shares of the Bank are listed and at the Registered Office of the Bank.

8

I further report that Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 have been duly complied with and the records maintained by me including the data as obtained from NSDL, and recording the consent or otherwise received from the Members, by e-voting which includes all the particulars of the Members such as the name, folio number/DP ID and Client ID, number of shares held, number of shares voted and number of shares assented, number of shares dissented, number of shares rejected, and other related data/papers are in my safe custody which will be handed over to the Company Secretary of the Bank for safe keeping.

I thank you for the opportunity given, to act as a Scrutinizer for the above Postal Ballot process of the Bank.

Thanking you,

Yours faithfully

B Narasimhan         Place: Mumbai      Date: March 14, 2026

(Proprietor) BN & Associates

Regn: 2011MH166700

Membership no FCS 1303 COP no 10440

PR Cert No. 7219/2025

UDIN No. F001303G004061271

The following were the witnesses to the unblocking of the votes on Friday March 13, 2026.

__________________       ________________________

1. Vivek Ramnani         2. Aashaye Kumar

Received the Report

For HDFC Bank Limited

Ajay Agarwal

Company Secretary

Group Head – Secretarial & Group Oversight

Place: Mumbai

Date: March 14, 2026

9

FAQ

What did HDFC Bank (HDB) seek shareholder approval for in this postal ballot?

HDFC Bank sought approval for five ordinary resolutions: four to approve material related party transactions with HDB Financial Services, HDFC Securities, HDFC Life Insurance and HDFC ERGO, and one to re-appoint Deputy Managing Director Kaizad Bharucha with Reserve Bank of India–approved terms.

How strong was shareholder support in HDFC Bank’s (HDB) March 2026 e-voting?

Shareholder backing was very strong. Around 67.7% of the bank’s 1,538,880,85,056 equity shares were voted, and each of the four related party transaction resolutions received roughly 99.6–99.98% votes in favour, while the Deputy Managing Director’s re-appointment drew about 97.85% support.

Did related parties vote on HDFC Bank’s (HDB) material related party transaction resolutions?

No. In line with Regulation 23(4) of the SEBI Listing Regulations, no related party voted on the four resolutions covering material related party transactions. Only public institutional and other public shareholders participated in voting on these specific items.

What was decided about HDFC Bank (HDB) Deputy Managing Director Kaizad Bharucha?

Shareholders approved an ordinary resolution to re-appoint Kaizad Bharucha as Deputy Managing Director. The resolution covered his re-appointment terms and remuneration, which had been approved by the Reserve Bank of India, and received approximately 97.85% of votes cast in favour.

How many HDFC Bank (HDB) shareholders participated in the March 2026 postal ballot?

Out of 3,782,416 shareholders on the February 6, 2026 cut-off date, 13,093 members participated via remote e-voting. Together, they represented 10,464,861,678 shares, with 10,421,069,694 votes considered valid for the various resolutions after excluding abstentions.

When were HDFC Bank’s (HDB) postal ballot resolutions deemed approved?

All five ordinary resolutions were deemed approved on Friday, March 13, 2026. That date marked the close of the e-voting period specified in the postal ballot notice, and the scrutinizer’s report confirms the results based on data from the electronic voting system.

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