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HDFC Bank Ltd.

BSE: 500180 Sector: Financials
BSE 00:00 | 24 Apr 2020 HDFC Bank Ltd
NSE 05:30 | 01 Jan 1970 HDFC Bank Ltd

Announcement under Regulation 30 (LODR)-Change in Directorate

April 18, 2020, 5:51 pm | Source: BSE

We refer to our earlier intimation dated April 8 2020 regarding the RBI communication advising the Bank to examine and submit the proposal for appointment of Mr. Sashidhar Jagdishan and Mr. Bhavesh Zaveri as Executive (Whole-Time) Directors of the Bank after a new MD and CEO assumes charge later this year.

In accordance with RBIs instructions the Board of Directors of the Bank shall examine and consider their appointments once the new MD and CEO assumes charge.

Mr. Sashidhar Jagdishan and Mr. Bhavesh Zaveri have today tendered their resignations as Additional Directors on the Board of the Bank under Companies Act 2013 and the Board has accepted the same at its meeting held today.

This is for your information and appropriate dissemination.