EX-99 2 d841146dex99.htm EX-99 EX-99

Exhibit 99

June 26, 2024

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

Sub: Intimation

It is hereby informed that, a penalty of Rs.0.004 crore has been imposed on the Bank by Superintendent of Central GST and Central Excise, Kerala for matter/s mentioned in the below table.

 

Sr. 
no 
   Particulars    Details
1.    Name of the authority    Superintendent of Central GST and Central Excise, Kerala
2.    Period Involved    F.Y. 2019-20
3.    Nature and details of the action(s) taken, initiated or order(s) passed    Alleged excess availment of input tax credit - Order passed under section 73(9) of CGST Act and KSGST Act.
4.    Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.    25-06-2024
5.    Details of the violation(s)/contravention(s) committed or alleged to be committed    Alleged excess availment of input tax credit
6.    Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible    Rs.0.03 crore (includes tax and penalty)

The Bank is evaluating appropriate legal remedy, including appeal, as per law.

This is for your information and appropriate dissemination.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Santosh Haldankar

Company Secretary