Corporate GovernanceNov 10, 2026, 06:07 AM
HDFC Bank Shareholders Approve Anup Bagchi as MD & CEO
AI Summary
HDFC Bank Limited announced the results of e-voting on a resolution concerning the appointment of Mr. Anup Bagchi as Director and Managing Director & Chief Executive Officer. The resolution was passed by the shareholders with the requisite majority. The e-voting period concluded on November 6, 2026, with a significant number of members participating and casting their votes in favor of the resolution.
Key Highlights
- HDFC Bank shareholders approved the appointment of Mr. Anup Bagchi as Director and MD & CEO.
- The resolution passed with a requisite majority via e-voting.
- 12,822 members holding 10,257,377,196 shares voted.
- Public-Institutional holders voted 91.660% of shares polled.
- Public-others voted 1.910% of shares polled.
- Overall, 66.526% of outstanding shares were polled.
- Votes in favor were 98.646% of votes cast.
- Votes against were 1.354% of votes cast.
Price Impact
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