Sec Form 3 Filing - Vaidyanathan Srinivasan @ HDFC BANK LTD - 2026-03-17

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Vaidyanathan Srinivasan
2. Issuer Name and Ticker or Trading Symbol
HDFC BANK LTD [ HDB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Group Head - Finance
(Last) (First) (Middle)
HDFC BANK LIMITED, HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL
3. Date of Earliest Transaction (MM/DD/YY)
03/17/2026
(Street)
MUMBAI, K7400013
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Equity Shares 192 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 7.85 ( 1 ) 09/26/2026 09/26/2030 Equity Shares 44,600 D
Employee Stock Option (Right to Buy) $ 9 ( 1 ) 09/13/2024 09/13/2028 Equity Shares 40,400 D
Employee Stock Option (Right to Buy) $ 9 ( 1 ) 09/13/2025 09/13/2029 Equity Shares 40,400 D
Employee Stock Option (Right to Buy) $ 9 ( 1 ) 09/13/2026 09/13/2030 Equity Shares 40,400 D
Employee Stock Option (Right to Buy) $ 9 ( 1 ) 09/13/2027 09/13/2031 Equity Shares 40,240 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2025 10/29/2029 Equity Shares 29,800 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2026 10/29/2030 Equity Shares 29,800 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2027 10/29/2031 Equity Shares 29,800 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2028 10/29/2032 Equity Shares 29,480 D
Employee Stock Option (Right to Buy) $ 10.63 ( 1 ) 09/18/2026 09/18/2030 Equity Shares 16,700 D
Employee Stock Option (Right to Buy) $ 10.63 ( 1 ) 09/18/2027 09/18/2031 Equity Shares 22,200 D
Employee Stock Option (Right to Buy) $ 10.63 ( 1 ) 09/18/2028 09/18/2032 Equity Shares 27,800 D
Employee Stock Option (Right to Buy) $ 10.63 ( 1 ) 09/18/2029 09/18/2033 Equity Shares 44,440 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Vaidyanathan Srinivasan
HDFC BANK LIMITED, HDFC BANK HOUSE
SENAPATI BAPAT MARG, LOWER PAREL
MUMBAI, K7400013
Group Head - Finance
Signatures
/s/ Dhanjit Thaivalappil, Attorney in fact for Vaidyanathan Srinivasan 03/17/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Conversion rate as on March 16, 2026 applied : 1Rs = 0.011 USD

Remarks:
Exhibit 24 - Power of Attorney Group Head - Finance

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 4(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.