HDFC Bank V. N. Srivatsan appointed
HDFC Bank (HDFCBANK) said V. The company is valued at about ₹12.15 lakh crore.
What happened
HDFC Bank (HDFCBANK) told the exchanges on 6 November 2026 at 03:21 PM that V. N. Srivatsan has been appointed.
Company snapshot
HDFC Bank is a large-cap company in the Financial Services sector, with a market value of about ₹12.15 lakh crore.
The stock last traded at ₹788.3, against a 52-week range of ₹669.2–₹1,017.5 (22.5% below the high).
Before this filing the shares had moved +4.5% over the month and +0.3% over three months. Average daily turnover over the last 20 sessions was about ₹2,124 crore.
Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 39.40% and domestic institutions 43.63%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,18,561 | 19,610.7 | 12.78 |
| Q3 FY26 | 1,26,927 | 19,806.6 | 12.88 |
| Q4 FY26 | 1,16,920 | 20,350.8 | 13.22 |
| Q1 FY27 | 1,33,110 | 19,244.7 | 12.5 |
| Q2 FY27 | 1,29,359 | 20,700 | 13.43 |
What history shows
This is not the company's first management change disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.6% on average the next trading day and was up 0.2% on average after five days (9 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.2% on average the next day and −0.9% over five days; 50% of them rose the next day.
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 31 Oct 2026 | Disclosure under Regulation 30 read with Clause 7 of Paragraph A of… | +4.7% | — |
| 27 Oct 2026 | Change in Managing Director and Chief Executive .... | −0.4% | +5.4% |
| 1 Oct 2026 | Appointment of Mr. Anup Bagchi as an Additional Director and as the… | −2.3% | −1.9% |
| 30 Sept 2026 | Disclosure under Regulation 30 of the SEBI (Listing Obligations and… | +1.8% | −2.3% |
| 30 Sept 2026 | Disclosure under Regulation 30 of the SEBI Listing Obligations and… | +1.8% | −2.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- HDFC Bank shares slips further as Bagchi takes charge amid leadership uncertainty
- Anup Bagchi takes charge as HDFC Bank CEO and MD
- HDFC Bank Share Price - Live NSE: HDFCBANK Stock Price & Chart
- HDFC Bank share price gains 3% today: Here's why - Is the worst over after a 27% one-year fall? What experts say
- HDFC Bank's new CEO faces test of restoring investor confidence
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.