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Rs 13 dividend plan as HDFC Bank (NYSE: HDB) schedules 32nd AGM

Filing Impact
(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

HDFC Bank Limited reports two key governance updates. The Reserve Bank of India has approved extending the tenure of Mr. Keki Mistry as interim Part-time Chairman for 3 months, until September 18, 2026, or until a regular Part-time Chairman is appointed, whichever comes earlier.

The Board has also approved holding the Bank’s 32nd Annual General Meeting on August 5, 2026 at 2:00 p.m. IST via two-way video conferencing. Subject to shareholder approval at this AGM, the Bank plans to pay a dividend of Rs. 13 per equity share of face value Re. 1 for the year ended March 31, 2026, with payment on or after August 6, 2026.

Positive

  • None.

Negative

  • None.
Interim chairman extension 3 months Extension of Keki Mistry’s tenure until September 18, 2026
AGM date and time August 5, 2026, 2:00 p.m. IST 32nd Annual General Meeting via video-conferencing
Proposed dividend per share Rs. 13 per equity share For year ended March 31, 2026, subject to shareholder approval
Face value per share Re. 1 per equity share Face value of HDFC Bank equity shares for dividend
Dividend payment start date On or after August 6, 2026 Payment timing if dividend approved at AGM
Board meeting approval time 4:25 p.m. on June 18, 2026 Time AGM-related matters were approved
interim Part-time Chairman financial
"extension of tenure of Mr. Keki Mistry as an interim Part-time Chairman of the Bank"
Reserve Bank of India regulatory
"pursuant to an application made by the Bank to the Reserve Bank of India"
Annual General Meeting financial
"approved convening of the 32nd Annual General Meeting (AGM) of the Bank"
two-way video-conferencing technical
"on Wednesday, August 5, 2026 at 2.00 p.m. Indian Standard Time (IST) through two-way video-conferencing (VC)"
equity share of Re. 1/- each financial
"dividend of Rs. 13 per equity share of Re. 1/- each of the Bank"
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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 June, 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: June 18, 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

Updates: (a) Receipt of approval from the Reserve Bank of India (“RBI”) for extension of tenure of Mr. Keki Mistry as an interim Part-time Chairman of the Bank; and (b) Outcome of the Board Meeting of HDFC Bank Limited (“the Bank”) held on June 18, 2026

Exhibit 99

June 18, 2026

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

Sub: Updates: (a) Receipt of approval from the Reserve Bank of India (“RBI”) for extension of tenure of Mr. Keki Mistry as an interim Part-time Chairman of the Bank; and (b) Outcome of the Board Meeting of HDFC Bank Limited (“the Bank”) held on June 18, 2026

In furtherance to our intimation dated March 18, 2026, we wish to inform you that pursuant to an application made by the Bank to the Reserve Bank of India (“RBI”), the RBI vide its communication dated June 18, 2026, has granted approval for the extension of tenure of Mr. Keki Mistry (DIN: 00008886) as an interim Part-time Chairman of the Bank for a further period of 3 (three) months until September 18, 2026 or till appointment of a regular Part-time Chairman, whichever is earlier.

Further, we wish to inform you that the Board of Directors of the Bank, at its meeting held today i.e. on June 18, 2026, approved convening of the 32nd Annual General Meeting (AGM) of the Bank on Wednesday, August 5, 2026 at 2.00 p.m. Indian Standard Time (IST) through two-way video-conferencing (VC).

Accordingly, the dividend payment date will be on or after Thursday, August 6, 2026. The same will be subject to approval of the shareholders at the said AGM, for payment of dividend of Rs. 13 per equity share of Re. 1/- each of the Bank for the year ended March 31, 2026.

Please note that the Board Meeting commenced at 02.00 p.m. today, i.e. on Thursday, June 18, 2026 and the above matters pertaining to the AGM was approved at 04.25 p.m.

This is for your information and appropriate dissemination.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Ajay Agarwal

Company Secretary

Group Head – Secretarial & Group Oversight

Source: View Original Filing on SEC EDGAR

FAQ

What governance update did HDFC Bank (HDB) announce regarding its Chairman?

HDFC Bank announced RBI approval to extend Keki Mistry’s tenure as interim Part-time Chairman for three months. The extension runs until September 18, 2026, or until a regular Part-time Chairman is appointed, whichever is earlier, ensuring continuity in board leadership.

When will HDFC Bank (HDB) hold its 32nd Annual General Meeting?

HDFC Bank will hold its 32nd Annual General Meeting on August 5, 2026, at 2:00 p.m. Indian Standard Time. The meeting will be conducted through two-way video-conferencing, allowing shareholders to participate remotely in the annual proceedings and approvals.

What dividend has HDFC Bank (HDB) proposed for the year ended March 31, 2026?

HDFC Bank has proposed a dividend of Rs. 13 per equity share of face value Re. 1 each. This dividend is for the financial year ended March 31, 2026 and remains subject to shareholder approval at the upcoming Annual General Meeting.

When is the proposed dividend of HDFC Bank (HDB) expected to be paid?

The proposed dividend is expected to be paid on or after August 6, 2026. Actual payment will occur only if shareholders approve the Rs. 13 per share dividend at the 32nd Annual General Meeting scheduled for August 5, 2026.

How will shareholders attend HDFC Bank’s (HDB) 32nd AGM?

Shareholders will attend HDFC Bank’s 32nd AGM through two-way video-conferencing. The Board has approved this virtual format, enabling remote participation at 2:00 p.m. IST on August 5, 2026, instead of a traditional in-person meeting.

What period does the proposed HDFC Bank (HDB) dividend relate to?

The proposed dividend of Rs. 13 per equity share relates to the financial year ended March 31, 2026. It represents the Board’s recommended distribution of profits for that year, which still requires shareholder approval at the forthcoming AGM.

Filing Exhibits & Attachments

1 document

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