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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  HDFC Bank Limited    HDFCBANK   INE040A01034


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HDFC Bank : Intimation under Reg 30 of SEBI LODR - Change in directorate

10/28/2020 | 03:40am EST

CIN: L65920MH1994PLC080618

HDFC Bank Limited,

Email: shareholder.grievances@hdfcbank.com

Zenith House,

Website: www.hdfcbank.com

Opp. Race Course Gate no. 5 & 6,

Keshavrao Khadye Marg,

Mahalaxmi, Mumbai- 400034

Tel.: 022 - 3976 0001 / 0012

October 26, 2020

BSE Limited

The 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 400051

Scrip Code - 500180


Dear Sir / Madam,

Sub: Completion of tenure of Mr. Aditya Puri as Managing Director of the Bank

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Mr. Aditya Puri (DIN: 00062650) has retired as the Managing Director of the Bank at the end of business hours on October 26, 2020, upon reaching 70 years of age, in accordance with the tenure approved by the Reserve Bank of India.

As the Managing Director of the Bank since its inception in the year 1994, Mr. Puri has provided outstanding leadership and has contributed significantly to enable the Bank scale phenomenal heights. Mr. Puri's strategic vision was the driving force behind the Bank's foray into the world of "digital banking". In his path-breaking journey of 26 years with the Bank, he has been conferred with numerous awards and accolades, including the recent Lifetime Achievement Award by Euromoney (Global) Awards for Excellence 2020.

Mr. Puri leaves behind a legacy of strong cultural values, prudent risk management, sustainable growth and contribution to nation building through 'Parivartan', the Bank's social initiatives brand which has contributed to improving the lives and livelihood of millions of Indians.

The Board places on record its deep and sincere appreciation for the exceptional contribution made by Mr. Puri, and wishes him the very best for his future endeavours.

Further, Mr. Sashidhar Jagdishan (DIN: 08614396) shall take charge as the Managing Director and Chief Executive Officer of the Bank with effect from October 27, 2020. Mr. Jagdishan has been a part of the Bank since 1996, and played a critical role in supporting the growth trajectory of the Bank. With an overall experience of over 30 years, Mr. Jagdishan has extensive knowledge and experience in the fields of banking, finance, and economics.

You are requested to kindly take the above change in your records.

Thanking You,

Yours faithfully,

For HDFC Bank Ltd

Santosh Haldankar

Sr. Vice President (Legal) & Company Secretary

Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013


HDFC Bank Limited published this content on 26 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2020 08:39:05 UTC

© Publicnow 2020
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