HDFC Bank Limited announced that a penalty of INR 2.2 Million has been imposed on the Bank by Joint Commissioner of State Tax, Chattisgarh. Period Involved is Fiscal year 2018-19. Nature and details of the action(s) taken, initiated or order(s) passed: Alleged short payment of Tax and disallowance of input tax credit - Order passed under section 73 (9) of CGST Act.

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 23, 2024. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: INR 47.6 million (includes tax, interest and penalty).