HDFC Bank Limited has informed the Exchange about change in Management
HDFCBANK · price
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HDFC Bank has informed exchanges that Mr. Vinay Razdan, its Chief Human Resource Officer, has resigned and the bank has accepted his resignation with effect from close of business on June 18, 2025. Mr. Razdan had sent his resignation email on June 2, 2025, addressed to Srinivasa Rangan and copied to MD & CEO Sashi Jagdishan and other top executives Kaizad Bharucha and Bhavesh Zaveri. He is serving the required 3-month notice period and will be on gardening leave during that time. The filing has been made under SEBI Listing Regulations, with Annexure II containing his resignation email.
This is a senior management-level change and not a CEO, CFO, or board-level exit, so direct impact on shareholders is limited. Investors should watch for any announcement on a permanent replacement, but routine CHRO transitions are common and generally do not materially affect stock performance.