HDFC Bank Issues Notice for Transfer of Unclaimed Equity Shares to IEPF Authority

HDFC Bank Limited has issued a comprehensive notice regarding the mandatory transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Authority, in compliance with regulatory requirements under the Companies Act, 2013.

Regulatory Compliance and Timeline

The notice, dated April 7, 2026, was submitted to both BSE Limited and National Stock Exchange of India Limited as part of the bank's regulatory obligations. Under Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the bank must transfer shares corresponding to unclaimed dividends for seven consecutive years.

Parameter: Details Affected Dividends: Financial Year 2018-19 and Special Interim Dividend FY 2019-20 Communication Date: April 6, 2026 Claim Deadline: August 11, 2026 Notice Publication: April 7, 2026

Shareholder Communication and Process

The bank has sent specific communications to concerned shareholders whose unclaimed dividends and shares are liable for transfer to IEPF. Shareholders holding shares in physical form will receive new share certificates in lieu of their existing certificates, which will be automatically cancelled and rendered non-negotiable. For shares held in demat mode, the transfer will be executed through corporate action via depositories to the IEPF Authority's demat account established by the Central Government.

Share Transfer Mechanism

The transfer process varies based on the mode of shareholding:

Physical Shares: New share certificates will be issued before transfer, with original certificates becoming automatically cancelled

Demat Shares: Transfer through corporate action via depositories to IEPF Authority's account

Future Benefits: All subsequent benefits arising from transferred shares will also be transferred to IEPF Authority

Information Access and Verification

Complete details of unclaimed dividends and shares due for transfer are available on the bank's website at www.hdfc.bank.in . Shareholders can verify their unclaimed dividend details and shares liable for transfer at the dedicated webpage: https://www.hdfc.bank.in/about-us/corporate-governance/details-of-unclaimed-dividend .

Recovery Process for Transferred Assets

Shareholders whose dividends or shares have been transferred to IEPF can reclaim them by:

Submitting online application electronically using web form IEPF-5 available on www.mca.gov.in

Sending physical copy with signatures to the Nodal Officer at HDFC House, Churchgate, Mumbai

Including IEPF-5 acknowledgement and requisite documents as enumerated in the web form

Contact Information for Queries

Contact Details: Information Registrar & Transfer Agent: Datamatics Business Solutions Limited Address: Plot No. A 16 & 17, Part B Cross Lane, MIDC, Andheri East, Mumbai 400093 Phone: +91 22-66712213 / 2214 Email: hdinvestors@datamaticsbpm.com Website: https://www.datamaticsbpm.com/

The bank has emphasized that no claims will lie against it regarding unclaimed dividends and equity shares transferred to IEPF. Shareholders are advised to contact the registrar and transfer agent before the August 11, 2026 deadline to avoid automatic transfer of their holdings to the IEPF Authority.

HDFC Bank Ltd. recorded a notable block trade on the National Stock Exchange (NSE) involving a substantial transaction worth Rs. 19.82 crores. The trade represents significant institutional activity in one of India's leading private sector banks.

Block Trade Details

The transaction involved key parameters that highlight the scale of institutional participation in HDFC Bank shares:

Parameter: Details Total Value: Rs. 19.82 crores Number of Shares: 256,388 shares (approx.) Execution Price: Rs. 773.00 per share Exchange: National Stock Exchange (NSE)

Market Significance

Block trades typically represent large institutional transactions that are executed outside the regular market mechanism to minimize price impact. These transactions often involve mutual funds, insurance companies, foreign institutional investors, or other large market participants looking to buy or sell substantial quantities of shares.

The execution price of Rs. 773.00 per share for this particular transaction indicates the level at which institutional investors were willing to transact in HDFC Bank shares. Such block deals provide insights into institutional sentiment and large-scale portfolio adjustments in the banking sector.

Transaction Overview

The block trade mechanism allows for efficient execution of large orders without causing significant disruption to the stock's regular trading pattern. With approximately 256,388 shares changing hands in this single transaction, it represents a meaningful volume of institutional activity in HDFC Bank stock on the NSE platform.

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