HDFC Bank (NYSE: HDB) executive Form 3 details shares and options

Rhea-AI Filing Summary

HDFC Bank Ltd officer Arvind Vohra, GroupHead-RetailAsset-AutoLoan, has filed an initial ownership report showing his existing stake in the bank. He directly holds 268,800 Equity Shares and a series of employee stock options over additional Equity Shares with exercise prices from 6.8000 to 10.6300 and expiration dates running from 2026 through 2033. The entries are reported as holdings rather than new purchases or sales. A footnote states a conversion rate as of March 16, 2026 of 1Rs = 0.011 USD.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Vohra Arvind

(Last) (First) (Middle)

HDFC BANK LIMITED, BANK HOUSE

SENAPATI BAPAT MARG, LOWER PAREL

(Street)

MUMBAI K7 400013

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
HDFC BANK LTD [ HDB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GroupHead-RetailAsset-AutoLoan

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Equity Shares	268,800	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	10/24/2024	10/24/2026	Equity Shares	130,000	$6.8(1)	D
Employee Stock Option (Right to Buy)	07/31/2024	07/31/2026	Equity Shares	51,800	$7.85(1)	D
Employee Stock Option (Right to Buy)	07/31/2025	07/31/2027	Equity Shares	52,000	$7.85(1)	D
Employee Stock Option (Right to Buy)	09/26/2023	09/26/2027	Equity Shares	44,800	$7.85(1)	D
Employee Stock Option (Right to Buy)	09/26/2024	09/26/2028	Equity Shares	44,800	$7.85(1)	D
Employee Stock Option (Right to Buy)	09/26/2025	09/26/2029	Equity Shares	44,800	$7.85(1)	D
Employee Stock Option (Right to Buy)	09/26/2026	09/26/2030	Equity Shares	44,600	$7.85(1)	D
Employee Stock Option (Right to Buy)	09/13/2024	09/13/2028	Equity Shares	44,800	$9(1)	D
Employee Stock Option (Right to Buy)	09/13/2025	09/13/2029	Equity Shares	44,800	$9(1)	D
Employee Stock Option (Right to Buy)	09/13/2026	09/13/2030	Equity Shares	44,800	$9(1)	D
Employee Stock Option (Right to Buy)	09/13/2027	09/13/2031	Equity Shares	44,980	$9(1)	D
Employee Stock Option (Right to Buy)	10/29/2025	10/29/2029	Equity Shares	41,600	$9.54(1)	D
Employee Stock Option (Right to Buy)	10/29/2026	10/29/2030	Equity Shares	41,600	$9.54(1)	D
Employee Stock Option (Right to Buy)	10/29/2027	10/29/2031	Equity Shares	41,600	$9.54(1)	D
Employee Stock Option (Right to Buy)	10/29/2028	10/29/2032	Equity Shares	41,600	$9.54(1)	D
Employee Stock Option (Right to Buy)	09/18/2026	09/18/2030	Equity Shares	22,200	$10.63(1)	D
Employee Stock Option (Right to Buy)	09/18/2027	09/18/2031	Equity Shares	29,600	$10.63(1)	D
Employee Stock Option (Right to Buy)	09/18/2028	09/18/2032	Equity Shares	36,900	$10.63(1)	D
Employee Stock Option (Right to Buy)	09/18/2029	09/18/2033	Equity Shares	59,070	$10.63(1)	D

Explanation of Responses:

1. Conversion rate as on March 16, 2026 applied : 1Rs = 0.011 USD

Remarks:

Exhibit 24 - Power of Attorney Group Head - Retail Assets - Auto Loan

	/s/ Dhanjit Thaivalappil, Attorney in fact for Vohra Arvind	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the HDFC Bank (HDB) Form 3 filing by Arvind Vohra show?

The Form 3 shows Arvind Vohra’s existing holdings in HDFC Bank Ltd. It lists directly held Equity Shares and multiple employee stock options, providing a baseline of his equity-based exposure as an officer, not newly executed trades.

How many HDFC Bank (HDB) equity shares does Arvind Vohra hold directly?

Arvind Vohra is reported as directly holding 268,800 Equity Shares of HDFC Bank Ltd. This figure reflects his share position as disclosed in the Form 3 and serves as a starting point for tracking any future changes in his ownership.

What stock options are reported for Arvind Vohra in HDFC Bank (HDB)?

The filing lists several Employee Stock Options (Right to Buy) over HDFC Bank Equity Shares, with exercise prices between 6.8000 and 10.6300 and expiration dates from 2026 to 2033. Each option entry specifies the underlying number of Equity Shares.

Does Arvind Vohra’s HDFC Bank (HDB) Form 3 show any stock purchases or sales?

The entries are categorized as holdings, with transaction codes marked unknown and no buy or sell counts. The summary data show zero buy or sell shares, indicating the Form 3 is an initial ownership snapshot rather than a record of recent trading activity.

What currency conversion detail is included in the HDFC Bank (HDB) Form 3 footnote?

A footnote states a conversion rate applied as of March 16, 2026: 1Rs = 0.011 USD. This provides a reference for translating rupee-denominated values into U.S. dollars, though the core holdings are presented in terms of shares and option terms.

How are Arvind Vohra’s derivative positions in HDFC Bank (HDB) summarized?

The derivative summary lists multiple Employee Stock Options over HDFC Bank Equity Shares, each with its own exercise price, expiration date, and underlying share count. All are reported as direct holdings, outlining his remaining unexercised option exposure as of the Form 3.