News ArticleHDFC Bank Shareholders Approve Resolution via Postal Ballot E-Voting on November 6, 2026
Scrutinizer confirms resolution passed with requisite majority after 46,62,797 members participated through electronic voting
HDFC Bank Limited reported that its shareholders have approved the resolution proposed through postal ballot by a requisite majority as of November 6, 2026. The voting was conducted electronically, with 46,62,797 members participating, and the scrutinizer confirmed the process was fair and transparent as per regulatory standards.
HDFC Bank Limited
Change in Management
HDFC Bank Limited announced that the resolution placed before its shareholders through a postal ballot was approved with the required majority on November 6, 2026, following electronic voting.
The e-voting facility was provided to all members of HDFC Bank, enabling 46,62,797 shareholders to cast their votes remotely using the platform managed by National Securities Depository Limited (NSDL).
The voting process was monitored and certified by Ashish Garg, a practicing company secretary from GDR & Partners LLP, ensuring compliance with relevant laws and regulations including the Companies Act, 2013, Securities and Exchange Board of India regulations, and applicable circulars.
The postal ballot notice and related information were disseminated electronically to eligible members whose email addresses were registered by the cut-off date of October 2, 2026.
Results of the e-voting and the scrutinizer's report were made public and available on the bank's website and official notice board at their registered office.
Highlights
- Resolution was approved on the last date of e-voting, November 6, 2026.
- 46,62,797 members participated in remote electronic voting.
- Scrutinizer was Ashish Garg from GDR & Partners LLP, appointed by the board.
- E-voting conducted via NSDL's platform at www.evoting.nsdl.com.
- Postal Ballot Notice dated October 1, 2026, sent electronically on October 7, 2026.
- Compliant with Sections 108 and 110 of the Companies Act, 2013 and SEBI Listing Regulations.
Key Data Snapshot
What happened
- HDFC Bank held a postal ballot seeking shareholder approval for a specific resolution.
- The voting was conducted electronically, allowing remote participation.
- The resolution was approved with the requisite majority as of November 6, 2026.
Key details
- Postal Ballot Notice issued on October 1, 2026.
- Eligibility cut-off date for voting set at October 2, 2026.
- E-voting facility provided by NSDL at www.evoting.nsdl.com.
- Registrar and Share Transfer Agent is Datamatics Business Limited.
- Verification and scrutiny of votes conducted by Ashish Garg from GDR & Partners LLP.
Regulatory and governance context
- Voting conducted in compliance with Sections 108 and 110 of the Companies Act, 2013.
- Process aligned with Companies (Management and Administration) Rules, 2014.
- Adhered to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
- Followed Ministry of Corporate Affairs circulars relevant at the time.
- Complied with Secretarial Standard on General Meetings (SS-2) issued by Institute of Company Secretaries of India.
Highlights
- Resolution was approved on the last date of e-voting, November 6, 2026.
- 46,62,797 members participated in remote electronic voting.
- Scrutinizer was Ashish Garg from GDR & Partners LLP, appointed by the board.
- E-voting conducted via NSDL's platform at www.evoting.nsdl.com.
- Postal Ballot Notice dated October 1, 2026, sent electronically on October 7, 2026.
- Compliant with Sections 108 and 110 of the Companies Act, 2013 and SEBI Listing Regulations.
Disclosures
- Companies Act, 2013 Sections 108 and 110
- Companies (Management and Administration) Rules, 2014
- SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
- MCA General Circular No. 03/2025 dated September 22, 2025
- Secretarial Standard on General Meetings (SS-2)
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