Exhibit 99
October 31, 2024
New York Stock Exchange
11, Wall Street,
New York,
NY 10005
USA
Dear Sir/ Madam,
Sub: Intimation by HDB Financial Services Limited (“HDBFS”), subsidiary of HDFC Bank Limited (“Bank”) dated October 31, 2024 with respect to filing of Draft Red Herring Prospectus
In continuation to earlier intimations made in this regard, we wish to inform you that HDBFS has filed a Draft Red Herring Prospectus (“DRHP”) dated October 30, 2024, with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited in connection with its Initial Public Offer (“IPO”) of equity shares. The IPO remains subject to receipt of necessary regulatory approvals, market conditions and other considerations.
Accordingly, please find enclosed an intimation made by HDBFS in this regard.
You are requested to kindly take the above on your record.
Yours faithfully,
For HDFC Bank Limited
Sd/-
Ajay Agarwal
Company Secretary and Head – Group Oversight
HDB/SLC/2024/1287
Date: October 31, 2024
To,
Listing Compliance Department BSE Limited P J Towers, Dalal Street, Mumbai - 400 001 |
Listing Compliance Department
National Stock Exchange of India Limited Listing Department, Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400051
|
Dear Sir/ Madam,
Sub: Intimation of Filing of Draft Red Herring Prospectus
This is in furtherance of our intimation dated September 20, 2024. Pursuant to the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, we wish to inform you that HDB Financial Services Limited (“Company”) has filed the Draft Red Herring Prospectus dated October 30, 2024 with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in connection with the Initial Public Offering of equity shares of face value of ₹ 10 each (“Equity Shares”) comprising of a fresh issue of Equity Shares aggregating up to ₹ 25,000.00 million and an offer for sale of Equity Shares aggregating up to ₹ 10,000.00 million by certain existing and eligible shareholders of the Company (collectively referred as the “Offer”). The Offer is subject to receipt of regulatory approvals, market conditions and other considerations.
The above is for your information, records and dissemination.
Thanking you,
Yours faithfully,
For HDB Financial Services Limited
Sd/-
Dipti Khandelwal
(Company Secretary)
Membership No. F11340
