Sec Form 3 Filing - AGARWAL AJAY GIRIDHARILAL @ HDFC BANK LTD - 2026-03-30

Insider filing report for Changes in Beneficial Ownership
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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
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1. Name and Address of Reporting Person
AGARWAL AJAY GIRIDHARILAL
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 - Secretarial
(Last) (First) (Middle)
HDFC BANK LIMITED, BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL
3. Date of Earliest Transaction (MM/DD/YY)
03/30/2026
(Street)
MUMBAI400013
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 327,234 D
Equity Shares 10,840 I Spouse
Equity Shares 20,000 I Son
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) $ 10.63 ( 1 ) 09/18/2026 09/18/2030 Equity Shares 11,600 D
Employee Stock Option (Right to Buy) $ 10.63 ( 1 ) 09/18/2027 09/18/2031 Equity Shares 15,400 D
Employee Stock Option (Right to Buy) $ 10.63 ( 1 ) 09/18/2028 09/18/2032 Equity Shares 19,300 D
Employee Stock Option (Right to Buy) $ 10.63 ( 1 ) 09/18/2029 09/18/2033 Equity Shares 30,710 D
Employee Stock Option (Right to Buy) $ 5.92 ( 1 ) 09/04/2022 09/04/2027 Equity Shares 274,000 D
Employee Stock Option (Right to Buy) $ 7.3 ( 1 ) 05/02/2023 05/02/2028 Equity Shares 2,716 D
Employee Stock Option (Right to Buy) $ 7.3 ( 1 ) 05/02/2024 05/02/2029 Equity Shares 2,714 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2025 10/29/2029 Equity Shares 13,400 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2026 10/29/2030 Equity Shares 13,400 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2027 10/29/2031 Equity Shares 13,400 D
Employee Stock Option (Right to Buy) $ 9.54 ( 1 ) 10/29/2028 10/29/2032 Equity Shares 13,120 D
Employee Stock Option (Right to Buy) $ 8.28 ( 1 ) 10/25/2024 10/25/2028 Equity Shares 32,600 D
Employee Stock Option (Right to Buy) $ 8.28 ( 1 ) 10/25/2025 10/25/2029 Equity Shares 32,600 D
Employee Stock Option (Right to Buy) $ 8.28 ( 1 ) 10/25/2026 10/25/2030 Equity Shares 33,620 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
AGARWAL AJAY GIRIDHARILAL
HDFC BANK LIMITED, BANK HOUSE
SENAPATI BAPAT MARG, LOWER PAREL
MUMBAI400013
Group Head - Secretarial
Signatures
/s/ Dhanjit Thaivalappil, Attorney in fact for Agarwal Ajay Giridharilal 03/30/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Conversion rate as on March 30, 2026 applied: 1 INR= 0.011 USD

Remarks:
Exhibit 24 - Power of Attorney Officer Title - Group Head- Group Oversight and Secretarial The equity shares of the Bank are listed on BSE (code is 500180) and NSE (code is HDFCBANK) This Form 3 is being filed late due to an administrative delay in obtaining the reporting person EDGAR filing credentials. With respect to the untimely filing of this Form 3, the reporting person intends to rely on the no action relief available to directors and officers of foreign private issuers pursuant to Question 6 of the Holding Foreign Insiders Accountable Act FAQ(added on March 12, 2026).

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).
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