ZAVERI BHAVESH enters HDFC BANK LTD with 1.57M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives

ZAVERI BHAVESH

Filed: 3/18/2026ACC: 0002113177-26-000002

InsiderZAVERI BHAVESHCIK 2113177

→

IssuerHDFC BANK LTDCIK 1144967

Director

Since Mar 2026

1.57M

Baseline shares

19% direct

292.81K

Direct ownership

1 position

850.13K

Derivative underlying

19 instruments

Security positions

1.27M indirect

Non-Derivative Holdings2

Equtiy Shares

Direct

Shares owned292.81K

Equtiy Shares

Indirect

Shares owned1.27M

Total

292.81K direct·1.27M indirect1.57M

Security Title	Shares Owned	Ownership Type
Equtiy Shares	292.81K	Direct
Equtiy Shares	1.27M	Indirect
Total	1.57M	292.81K direct·1.27M indirect

Derivative Holdings19

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

34.60K

Shares owned

N/A

Exercise price

10.21

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.80K

Shares owned

N/A

Exercise price

9.00

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

110K

Shares owned

N/A

Exercise price

6.80

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.80K

Shares owned

N/A

Exercise price

7.85

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.60K

Shares owned

N/A

Exercise price

7.85

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

34.74K

Shares owned

N/A

Exercise price

10.21

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

39.40K

Shares owned

N/A

Exercise price

9.23

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.98K

Shares owned

N/A

Exercise price

9.00

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

39K

Shares owned

N/A

Exercise price

9.23

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

39.40K

Shares owned

N/A

Exercise price

9.23

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

39.40K

Shares owned

N/A

Exercise price

9.23

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

34.60K

Shares owned

N/A

Exercise price

10.21

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

42.80K

Shares owned

N/A

Exercise price

8.34

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.80K

Shares owned

N/A

Exercise price

9.00

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.80K

Shares owned

N/A

Exercise price

9.00

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

43.20K

Shares owned

N/A

Exercise price

8.34

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.80K

Shares owned

N/A

Exercise price

7.85

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

34.60K

Shares owned

N/A

Exercise price

10.21

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Equity Shares

Underlying shares

44.80K

Shares owned

N/A

Exercise price

7.85

Expiration

—

Exercise window

—

Total

Underlying

850.13K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (Right to Buy) Direct	Equity Shares	10.21	—	—	34.60K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.00	—	—	44.80K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	6.80	—	—	110K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	7.85	—	—	44.80K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	7.85	—	—	44.60K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	10.21	—	—	34.74K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.23	—	—	39.40K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.00	—	—	44.98K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.23	—	—	39K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.23	—	—	39.40K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.23	—	—	39.40K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	10.21	—	—	34.60K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	8.34	—	—	42.80K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.00	—	—	44.80K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	9.00	—	—	44.80K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	8.34	—	—	43.20K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	7.85	—	—	44.80K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	10.21	—	—	34.60K	N/A
Employee Stock Option (Right to Buy) Direct	Equity Shares	7.85	—	—	44.80K	N/A
Total					850.13K	0.00