HDFC Bank (NYSE: HDB) officer files Form 3 on shares, options

Rhea-AI Filing Summary

HDFC Bank Ltd executive Jimmy M Tata, Group Head - Credit, has filed an initial insider ownership report showing his existing stake in the bank. He directly holds 3,518,900 Equity Shares, plus indirect holdings of 100,000 Equity Shares through his mother and 10,000 Equity Shares through his brother-in-law.

He also holds a series of Employee Stock Options over Equity Shares with exercise prices between 6.8000 and 10.6300, expiring between 2026 and 2033. The filing records these as holdings only, with no new purchases or sales reported.

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^*

TATA JIMMY M

(Last) (First) (Middle)

HDFC BANK LIMITED, HDFC BANK HOUSE

SENAPATI BAPAT MARG, LOWER PAREL (W)

(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)
	Group Head - Credit

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	3,518,900	D
Equity Shares	100,000	I	Mother
Equity Shares	10,000	I	Brother-in-Law

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 - Credit

	/s/ Dhanjit Thaivalappil, Attorney in fact for Tata Jimmy M	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 Form 3 filing for HDFC Bank (HDB) by Jimmy M Tata show?

The Form 3 shows Jimmy M Tata’s existing ownership in HDFC Bank. He directly holds 3,518,900 Equity Shares, plus indirect stakes of 100,000 shares through his mother and 10,000 shares through his brother-in-law, with no new trades reported.

How many HDFC Bank (HDB) shares does Jimmy M Tata directly own?

Jimmy M Tata directly owns 3,518,900 Equity Shares of HDFC Bank. This figure represents his personal direct stake as reported on the Form 3, separate from additional indirect holdings attributed to family members.

What indirect HDFC Bank (HDB) shareholdings are reported for Jimmy M Tata?

The filing reports indirect ownership of 100,000 Equity Shares held via his mother and 10,000 Equity Shares via his brother-in-law. These are classified as indirect holdings, in addition to his larger direct share position.

What stock options in HDFC Bank (HDB) does Jimmy M Tata hold?

He holds multiple Employee Stock Options over Equity Shares with exercise prices from 6.8000 to 10.6300. These options have expiration dates ranging from 2026 to 2033, providing potential future rights to acquire additional shares.

Does Jimmy M Tata’s HDFC Bank (HDB) Form 3 show any recent share purchases or sales?

No, the Form 3 records only holdings, not transactions. The transaction summary shows no buys, sells, exercises, gifts, or tax withholdings, indicating this filing simply establishes his existing positions in shares and employee stock options.

Why is the HDFC Bank (HDB) Form 3 for Jimmy M Tata important for investors?

The Form 3 provides a baseline of insider ownership for Jimmy M Tata as an officer of HDFC Bank. It details his direct and indirect share stakes and option grants, helping investors understand his economic exposure to the company’s equity.