BCEIE › News › HDFCBANK

Management change

HDFC Bank Whole-Time Director V. Srinivasa Rangan appointed

HDFC Bank (BSE: HDFCBANK) said V. The company is valued at about ₹12.52 lakh crore.

BCEIE News Desk · Published 12 Nov 2026, 05:42 pm IST · Filing received 12 Nov 2026, 05:27 pm IST

What happened

HDFC Bank (BSE: HDFCBANK) informed the stock exchanges on 12 November 2026 at 05:27 PM that V. Srinivasa Rangan, Whole-Time Director, has been appointed.

From the filing: "Approval from the Reserve Bank of India for re-appointment of Mr."

Company snapshot

HDFC Bank is a large-cap company in the Financial Services sector, with a market value of about ₹12.52 lakh crore.

The stock last traded at ₹812.3, against a 52-week range of ₹669.2–₹1,017.5 (20.2% below the high).

Before this filing the shares had moved +14.4% over the month and +11.3% over three months. Average daily turnover over the last 20 sessions was about ₹2,782 crore.

Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 39.40% and domestic institutions 43.63%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY261,18,56119,610.712.78
Q3 FY261,26,92719,806.612.88
Q4 FY261,16,92020,350.813.22
Q1 FY271,33,11019,244.712.5
Q2 FY271,29,35920,70013.43

What history shows

BCEIE's records show 10 previous management change filings from the company since May 2026.

After those filings, the stock gained 0.8% on average the next trading day and was up 1.7% on average after five days (10 filings with price data).

Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.4% over five days; 53% of them rose the next day.

Market-wide, 4,506 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
6 Nov 2026Change in Management+3.2%—
31 Oct 2026Disclosure under Regulation 30 read with Clause 7 of Paragraph A of…+4.7%+13.2%
27 Oct 2026Change in Managing Director and Chief Executive ....−0.4%+5.4%
1 Oct 2026Appointment of Mr. Anup Bagchi as an Additional Director and as the…−2.3%−1.9%
30 Sept 2026Disclosure 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):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

More on HDFC Bank Limited