HDB Financial Services (HDBFS) has announced the results of its postal ballot, where shareholders approved two key resolutions. The first resolution regarding profit-related commissions for Independent Directors passed with a 99.62% majority. The second, and more significant, resolution for material related party transactions with parent entity HDFC Bank for FY 2026-27 was approved with 97.68% of the valid votes cast. As required by law, the promoter group (HDFC Bank) abstained from voting on the related party transaction resolution.

• Material related party transactions with HDFC Bank for FY 2026-27 approved with 97.68% majority of non-interested votes.
• Special resolution for profit-related commission to Independent Directors passed with 99.62% support.
• Total votes polled for the director commission resolution reached 731,048,179, representing 88.05% of outstanding shares.
• Promoter group holding 615,461,535 shares abstained from the related party transaction vote to comply with SEBI regulations.
• The voting process concluded on March 13, 2026, with the Scrutinizer's report confirming the requisite majority for both items.

HDB Financial Services has appointed Mr. Akash Bararia as the Head of Consumer Finance and a Senior Management Personnel, effective March 12, 2026. Mr. Bararia brings over 20 years of experience in financial services, with a focus on sales finance, business operations, and distribution management. He has previously held leadership positions at Allianz Partners, Edelweiss Asset Management, Citigroup Consumer Finance, and GE Money. This strategic appointment is intended to drive operational efficiency and support business growth across the company's distribution network.

• Appointment of Mr. Akash Bararia as Head – Consumer Finance effective March 12, 2026
• Mr. Bararia brings over 20 years of experience in financial services and distribution management
• Previous leadership roles held at Allianz Partners, Edelweiss, Citigroup, and GE Money
• The appointment aims to improve sales productivity and align financial strategy with business objectives

HDB Financial Services has successfully allotted 17,500 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The issue raised a total of Rs 175 crore with a face value of Rs 1,00,000 per security. These NCDs carry a fixed coupon rate of 7.60% per annum and have a tenure of 1,818 days, maturing on March 4, 2031. The capital raised will likely be utilized to support the company's ongoing lending operations and strengthen its liquidity profile.

• Allotted 17,500 Secured Redeemable NCDs aggregating to a total value of Rs 175 crore
• Fixed coupon rate set at 7.60% (XIRR 7.5968%) with annual interest payment schedule
• Instrument tenure of 1,818 days with a final maturity date of March 04, 2031
• Secured by a first and exclusive charge on receivables with a minimum asset cover of 1.0x
• The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited

HDB Financial Services Limited has announced the resignation of Mr. Karthik Srinivasan, who served as the Chief Business Officer and a member of the Senior Management Personnel. The resignation was tendered on March 2, 2026, and is set to become effective from the close of business hours on March 31, 2026. The company stated that Mr. Srinivasan is leaving to pursue career opportunities outside the organization. The board has accepted the resignation and acknowledged his contributions during his tenure.

• Mr. Karthik Srinivasan resigned from his role as Chief Business Officer on March 2, 2026
• The effective date for the cessation of his duties is March 31, 2026
• Reason for departure is cited as pursuing career opportunities outside the company
• The disclosure was made in compliance with Regulation 30 and 51 of SEBI LODR Regulations

HDB Financial Services has announced a series of four institutional investor meetings and conferences scheduled throughout March 2026. The company will engage with major firms including Nirmal Bang, Autonomous Research, Morgan Stanley, and Jefferies. These meetings will be conducted in both virtual and in-person formats in Mumbai. Such interactions are standard practice for maintaining transparency and providing business updates to the institutional investment community.

• Scheduled four separate group meetings with institutional investors between March 5 and March 24, 2026.
• Participation in the Morgan Stanley Virtual India Financials Seminar on March 16, 2026.
• In-person group meetings scheduled for the Autonomous Research India Financials Tour and Jefferies 2nd India NBFC Access Day.
• Initial virtual conference with Nirmal Bang Institutional Equities set for March 5, 2026.

HDB Financial Services Limited has allotted 27,926 equity shares to employees following the exercise of options under its Employees Stock Option Schemes (ESOS). This allotment, finalized on February 23, 2026, increases the company's total paid-up share capital from 83,02,76,045 to 83,03,03,971 equity shares. The shares carry a face value of Rs. 10 each. This is a standard administrative procedure with a negligible impact on the overall shareholding structure.

• Allotment of 27,926 equity shares to employees under ESOS.
• Paid-up share capital increased to 83,03,03,971 equity shares of Rs. 10 each.
• Previous paid-up share capital stood at 83,02,76,045 equity shares.
• The equity dilution resulting from this allotment is approximately 0.003%.

HDB Financial Services has successfully allotted 81,000 Secured Redeemable Non-Convertible Debentures (NCDs) to raise approximately Rs 861.88 crore. The allotment was finalized on February 23, 2026, through a private placement basis with the securities set to be listed on the BSE Wholesale Debt Market. These instruments carry a coupon rate of 7.5519% and have a tenure of 1136 days, maturing in April 2029. This capital raise is a routine activity for the NBFC to support its lending operations and maintain liquidity.

• Allotted 81,000 NCDs with a face value of Rs 1,00,000 each, aggregating to Rs 861.88 crore
• The instruments carry a coupon rate of 7.5519% (XIRR 7.50%) with annual interest payments
• Tenure of the NCDs is 1136 days with a final maturity date of April 04, 2029
• Secured by a first and exclusive charge on present and future receivables with a minimum 1x asset cover
• The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited

HDB Financial Services has issued a postal ballot notice to seek shareholder approval for two key resolutions. The first resolution proposes a profit-related commission for independent directors, capped at ₹20 lakh per director annually. The second resolution seeks approval for material related party transactions with its parent company, HDFC Bank, for the 2026-27 financial year. These transactions cover a wide range of activities including loan assignments, debt security issuances, and credit facilities.

• Proposed commission for Independent Directors capped at ₹1,00,000 per meeting and ₹20,00,000 per year.
• Seeking approval for material related party transactions with HDFC Bank Limited for FY 2026-27.
• Transactions include loan assignments, securitization, and issuance of non-convertible debentures to HDFC Bank.
• Remote e-voting period is scheduled from February 12, 2026, to March 13, 2026.
• The cut-off date for determining shareholder voting eligibility was February 6, 2026.

HDB Financial Services has announced its participation in three significant institutional investor conferences throughout February 2026. The company will attend the Nuvama India Conference on February 11, followed by the Kotak Securities Chasing Growth Conference on February 24. It will conclude the month with the IIFL 17th Enterprising India Global Investors' Conference on February 25. All meetings are scheduled to be held in person in Mumbai to engage with analysts and institutional investors.

• Participation in Nuvama India Conference scheduled for February 11, 2026
• Scheduled attendance at Kotak Securities Chasing Growth Conference on February 24, 2026
• Engagement at IIFL's 17th Enterprising India Global Investors' Conference on February 25, 2026
• All three investor interactions are planned as in-person meetings in Mumbai
• Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations

HDB Financial Services has announced the allotment of 2,37,865 equity shares to employees on January 23, 2026. This allotment follows the exercise of options under the company's Employee Stock Option Schemes (ESOS). Consequently, the total paid-up share capital has increased from 83,00,38,180 to 83,02,76,045 equity shares. This is a standard administrative action and results in a marginal dilution of the existing equity base.

• Allotment of 2,37,865 equity shares of Rs. 10 each to employees.
• Total paid-up share capital increased to 83,02,76,045 equity shares.
• Shares issued pursuant to the exercise of options under the ESOS scheme.
• The allotment was officially recorded on January 23, 2026.

Mr. Arijit Basu has resigned as the Non-Executive Independent Director and Chairman of HDB Financial Services effective January 23, 2026. His departure follows a tenure of nearly 5 years and is driven by his upcoming appointment as Chairman of an Indian bank, necessitating his exit to avoid conflicts of interest. The resignation is immediate and includes his withdrawal from key board committees such as the Nomination and Remuneration Committee. The company acknowledged his role in maintaining high governance standards and overseeing its recent large-scale IPO.

• Mr. Arijit Basu resigned as Chairman and Independent Director effective January 23, 2026.
• The resignation concludes a leadership tenure of approximately 5 years at the company.
• Basu is stepping down to accept a Non-Executive Director and Chairman role at a bank in India.
• He has also ceased to be a member of the Nomination and Remuneration Committee and the Special Committee for Fraud Monitoring.
• The director confirmed there are no other material reasons for his resignation beyond the new appointment.

HDB Financial Services has officially released the audio recording of its earnings conference call held on January 14, 2026. The call focused on the company's unaudited standalone financial results for the third quarter and the nine-month period ending December 31, 2025. This disclosure is a standard regulatory requirement under SEBI LODR Regulations to ensure transparency for shareholders and analysts. Investors can access the full recording on the company's investor relations website to understand management's perspective on recent performance.

• Earnings call conducted on January 14, 2026, following the release of Q3 FY26 results.
• Covers standalone financial performance for the nine-month period ended December 31, 2025.
• Compliance filing made under Regulation 30 and 46 of SEBI (LODR) Regulations, 2015.
• Audio link made available on the official HDBFS website for public access.

HDB Financial Services has announced the appointment of Mr. Vinod Raghavan as the Chief Compliance Officer (CCO) and Senior Management Personnel, effective February 1, 2026. He succeeds Mr. Arjun Dutta, who will demit office on January 31, 2026, following the completion of his tenure. Mr. Raghavan brings over 20 years of experience in the financial sector, including significant leadership roles at Citigroup India and SMFG India Credit. This transition follows the RBI's regulatory guidelines for compliance functions within NBFCs, ensuring continued focus on governance.

• Mr. Vinod Raghavan appointed as CCO for a fixed 3-year term from February 1, 2026, to January 31, 2029.
• Outgoing CCO Mr. Arjun Dutta to complete his term on January 31, 2026.
• New appointee possesses over 20 years of experience across Banks, NBFCs, and FinTechs.
• Mr. Raghavan previously spent 15 years at Citigroup India in senior compliance leadership roles.
• The appointment was approved by the Board in compliance with RBI's circular on NBFC compliance functions.

HDB Financial Services has confirmed that there was no deviation or variation in the utilization of funds raised through its Initial Public Offer (IPO) for the quarter ended December 31, 2025. The company raised Rs 2,500 crore through a fresh issue on June 30, 2025, and listed on the exchanges on July 02, 2025. The monitoring agency, CARE Ratings Limited, and the company's Audit Committee have reviewed the utilization and reported no issues. This filing ensures transparency regarding the deployment of capital raised from public investors.

• Zero deviation reported in the utilization of Rs 2,500 crore raised through the IPO fresh issue
• The statement covers the third quarter of the fiscal year ending December 31, 2025
• CARE Ratings Limited is the designated monitoring agency for the IPO proceeds
• The Audit Committee and auditors expressed no concerns or comments regarding fund usage