Exhibit 99
April 01, 2024
New York Stock Exchange
11, Wall Street,
New York,
NY 10005
USA
Dear Sir/ Madam,
Sub: Result of the Postal Ballot and e-voting on resolutions of HDFC Bank Limited
In continuation of our earlier disclosure dated February 26, 2024 and pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the result of e-voting pursuant to the Postal Ballot of the Bank, for all resolutions as specified in the Postal Ballot Notice dated February 22, 2024.
Period of remote e-voting for Postal Ballot | Thursday, February 29, 2024 at 9:00 a.m. (IST) to Friday, March 29, 2024 at 5:00 p.m. (IST) | |
Total no. of shareholders as on the cut-off date | 41,67,490 |
All the resolutions placed through the Postal Ballot were passed with the requisite majority. The resolutions are deemed as passed on the last date of the remote e-voting period, i.e. Friday, March 29, 2024.
The e-voting results of Postal Ballot and report of the Scrutinizer viz., M/s. BN & Associates, are enclosed herewith.
This is for your information and appropriate dissemination.
Yours faithfully,
For HDFC Bank Limited
Sd/-
Santosh Haldankar
Company Secretary
HDFC BANK LTD - VOTING RESULTS OF POSTAL BALLOT-29-03- 2024
Date of declaration of result of Postal Ballot | 29th Mar, 2024 | |||||||||||||||
Total number of shareholders on record date | 4167490 | |||||||||||||||
No. of Shareholders present in the meeting either in person or through proxy | ||||||||||||||||
Promoters and Promoter Group: | NA | |||||||||||||||
Public: | ||||||||||||||||
No. of Shareholders attended the meeting through Video Conferencing | ||||||||||||||||
Promoters and Promoter Group: | - | |||||||||||||||
Public: | - | |||||||||||||||
| Resolution required: (Ordinary/Special) | Ordinary (01) : To modify the resolution passed by the Members of the Bank at the 27th Annual General Meeting (AGM) of the Bank held on July 17, 2021 with respect to approval of the revised remuneration of Non-Executive Directors except for Part Time Independent Chairman - an Ordinary Resolution: | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes Polled | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4827484393 | 90.442 | 4823778538 | 3705855 | 99.923 | 0.077 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4827484393 | 90.442 | 4823778538 | 3705855 | 99.923 | 0.077 | |||||||||
Public - Non Institutions | E-Voting | 45221536 | 2.003 | 44342148 | 879388 | 98.055 | 1.945 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 45221536 | 2.003 | 44342148 | 879388 | 98.055 | 1.945 | |||||||||
Total | 7595794922 | 4872705929 | 64.150 | 4868120686 | 4585243 | 99.906 | 0.094 | |||||||||
| Resolution required: (Ordinary/Special) | Special (02) : To approve the appointment of Dr. (Mr.) Harsh Kumar Bhanwala (DIN: 06417704) as an Independent Director of the Bank | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes Polled | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes in favour on votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4832560776 | 90.537 | 4810931752 | 21629024 | 99.552 | 0.448 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4832560776 | 90.537 | 4810931752 | 21629024 | 99.552 | 0.448 | |||||||||
Public - Non Institutions | E-Voting | 45047128 | 1.995 | 44423078 | 624050 | 98.615 | 1.385 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 45047128 | 1.995 | 44423078 | 624050 | 98.615 | 1.385 | |||||||||
Total | 7595794922 | 4877607904 | 64.215 | 4855354830 | 22253074 | 99.544 | 0.456 | |||||||||
| Resolution required: (Ordinary/Special) | Ordinary (03) : Approval of Material Related Party Transactions with HDB Financial Services Limited | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes in favour on votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
Public - Non Institutions | E-Voting | 44986501 | 1.992 | 44377647 | 608854 | 98.647 | 1.353 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 44986501 | 1.992 | 44377647 | 608854 | 98.647 | 1.353 | |||||||||
Total | 7595794922 | 4874622394 | 64.175 | 4874013540 | 608854 | 99.988 | 0.012 | |||||||||
| Resolution required: (Ordinary/Special) | Ordinary (04) : Approval of Material Related Party Transactions with HDFC Securities Limited | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes in favour on votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
Public - Non Institutions | E-Voting | 44949059 | 1.991 | 44383059 | 566000 | 98.741 | 1.259 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 44949059 | 1.991 | 44383059 | 566000 | 98.741 | 1.259 | |||||||||
Total | 7595794922 | 4874584952 | 64.175 | 4874018952 | 566000 | 99.988 | 0.012 | |||||||||
| Resolution required: (Ordinary/Special) | Ordinary (05) : Approval of Material Related Party Transactions with HDFC Life Insurance Company Limited | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes in favour on votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
Public - Non Institutions | E-Voting | 44973697 | 1.992 | 44376270 | 597427 | 98.672 | 1.328 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 44973697 | 1.992 | 44376270 | 597427 | 98.672 | 1.328 | |||||||||
Total | 7595794922 | 4874609590 | 64.175 | 4874012163 | 597427 | 99.988 | 0.012 | |||||||||
| Resolution required: (Ordinary/Special) | Ordinary (06) : Approval of Material Related Party Transactions with HDFC ERGO General Insurance Company Limited | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes in favour on votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
Public - Non Institutions | E-Voting | 44976395 | 1.992 | 44402257 | 574138 | 98.723 | 1.277 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 44976395 | 1.992 | 44402257 | 574138 | 98.723 | 1.277 | |||||||||
Total | 7595794922 | 4874612288 | 64.175 | 4874038150 | 574138 | 99.988 | 0.012 | |||||||||
| Resolution required: (Ordinary/Special) | Ordinary (07) : Approval of Material Related Party Transactions with HDFC Credila Financial Services Limited | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes in favour on votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4829635893 | 90.482 | 4829635893 | 0 | 100.000 | 0.000 | |||||||||
Public - Non Institutions | E-Voting | 44973728 | 1.992 | 44381374 | 592354 | 98.683 | 1.317 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 44973728 | 1.992 | 44381374 | 592354 | 98.683 | 1.317 | |||||||||
Total | 7595794922 | 4874609621 | 64.175 | 4874017267 | 592354 | 99.988 | 0.012 | |||||||||
| Resolution required: (Ordinary/Special) | Ordinary (08) : Approval of Material Related Party Transactions with HCL Technologies Limited | |||||||||||||||
| Whether promoter/ promoter group are interested in the agenda/resolution? | NO | |||||||||||||||
| Category | Mode of Voting | No. of shares held | No. of Votes | % of Votes Polled on outstanding Shares | No. of Votes - in Favour | No. of Votes - Against | % of Votes in favour on votes Polled | % of Votes against on votes Polled | ||||||||
| 1 | 2 | (3)={(2)/(1)}*100 | 4 | 5 | (6)={(4)/(2)}*100 | (7)={(5)/(2)}*100 | ||||||||||
Promoter and Promoter Group | E-Voting | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 0 | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | |||||||||
Public - Institutions | E-Voting | 4788659828 | 89.714 | 4788659828 | 0 | 100.000 | 0.000 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 5337682395 | 4788659828 | 89.714 | 4788659828 | 0 | 100.000 | 0.000 | |||||||||
Public - Non Institutions | E-Voting | 44983416 | 1.992 | 44359761 | 623655 | 98.614 | 1.386 | |||||||||
| Poll | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Postal Ballot (If Applicable) | 0 | 0.000 | 0 | 0 | 0.000 | 0.000 | ||||||||||
| Total | 2258112527 | 44983416 | 1.992 | 44359761 | 623655 | 98.614 | 1.386 | |||||||||
Total | 7595794922 | 4833643244 | 63.636 | 4833019589 | 623655 | 99.987 | 0.013 | |||||||||