HDFC Bank Limited has received approval from the Reserve Bank of India for the extension of tenure of Mr. Keki Mistry as an interim Part-time Chairman for a further period of three months until September 18, 2026, or till the appointment of a regular Part-time Chairman, whichever is earlier. The RBI communicated its approval on June 18, 2026, following an application made by HDFC Bank.
The Board of Directors of HDFC Bank, at its meeting held on June 18, 2026, approved the convening of the 32nd Annual General Meeting on Wednesday, August 5, 2026, at 2:00 p.m. through two-way video-conferencing. The board also recommended a dividend of Rs 13 per equity share of Re 1 each for the financial year ended March 31, 2026.
The dividend payment will be made on or after Thursday, August 6, 2026, subject to shareholder approval at the AGM. HDFC Bank had earlier informed the exchanges on March 18, 2026, regarding the initial appointment of Mistry as the interim Part-time Chairman. The RBI approval now extends his tenure further.
The extension keeps Mistry in the role until a regular Part-time Chairman is appointed or until September 18, 2026, whichever occurs first.
The board meeting commenced at 2:00 p.m. and the resolutions pertaining to the AGM were approved at 4:25 p.m. on June 18, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.