HDFC Bank Officer Ramesh Lakshminarayanan Form 3 Filing and Power of Attorney

2026-04-08SEC Filing 3 (0002127807-26-000002)

This SEC Form 3 filing discloses the initial ownership report of Ramesh Lakshminarayanan, Group Head - Tech & Digital at HDFC Bank Limited. The filing, submitted late due to administrative delays in obtaining EDGAR credentials, reveals that Lakshminarayanan holds no direct equity shares but has extensive employee stock option grants. The filing includes 16 different stock option grants with varying exercise dates (2024-2029), expiration dates (2026-2033), and exercise prices ranging from $7.85 to $10.63 per share. The options cover a total of approximately 600,000+ equity shares. The filing is accompanied by a Power of Attorney document authorizing four bank officials to file future Section 16 reports on Lakshminarayanan's behalf. The POA grants authority to prepare and submit Forms 3, 4, and 5, manage EDGAR accounts, and handle all SEC compliance matters related to securities ownership.

Ticker mentioned:HDB