The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this Report pursuant to the General Instructions for Form 6-K.
Exhibit I
Description
Disclosure - Order passed by the Hon'ble National Company Law Tribunal, Mumbai Bench, Mumbai ("NCLT") for the withdrawal of the scheme of amalgamation for amalgamation of HDFC Property Ventures Limited ("HPVL") and HDFC Venture Capital Limited ("HVCL") with and into HDFC Capital Advisors Limited ("HCAL")
July 29, 2023
New York Stock Exchange
11, Wall Street,
New York,
NY 10005
USA
Dear Sirs / Madams,
Sub:
Disclosure - Order passed by the Hon'ble National Company Law Tribunal, Mumbai Bench, Mumbai ("NCLT") for the withdrawal of the scheme of amalgamation for amalgamation of HDFC Property Ventures Limited ("HPVL") and HDFC Venture Capital Limited ("HVCL") with and into HDFC Capital Advisors Limited ("HCAL")
This is in connection with the intimations made by erstwhile Housing Development Finance Corporation Limited ("HDFC Limited") (since amalgamated with and into HDFC Bank Limited, with effect from July 1, 2023) informing that the Boards of Directors of HPVL, HVCL and HCAL at their respective meetings held on May 22, 2023, had inter alia decided to withdraw the scheme of amalgamation for the amalgamation of HPVL and HVCL with and into HCAL; and also informing about divestment of the entire equity stake held by erstwhile HDFC Limited in HPVL and HVCL. Further, On July 1, 2023, HCAL (which was subsidiary of erstwhile HDFC Limited) became a subsidiary of HDFC Bank Limited.
In continuation of the aforesaid letters, we wish to inform that pursuant to the necessary application that was made in this regard, the NCLT vide its order dated July 28, 2023, has allowed the application of withdrawal of the said scheme of amalgamation for the amalgamation of HPVL and HVCL with and into HCAL. A copy of the order has been uploaded on the website of NCLT and is available at https://nclt.gov.in/gen_pdf.php?filepath=/Efile_Document/ncltdoc/casedoc/2709138063252023/04/Order-Challenge/04_order-Challange_004_169054742161854490464c3b4dd390a5.pdf. A certified copy of the order is awaited.
We request you to bring the above to the notice of all concerned.
HDFC Bank Limited published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2023 20:12:39 UTC.
HDFC Bank Limited is one of the largest Indian banking groups. Income breaks down by activity as follows:
- retail banking (46.9%);
- corporate banking (28.7%);
- market banking (12.4%);
- other (12%).
At the end of March 2019, the group had INR 9,225 billion of current deposits and INR 8,692.2 billion of current credits.
Products and services are marketed through a network of 5,000 branches located in India.
HDFC BANK LIMITED 
