As of August 04, 2026, the three largest insider holders of HDB are Kaizad Bharucha (Director, 4.61Mn shares), Nirav Vimal Shah (Group Head Corporate Banking, 1.43Mn shares), Ashish Parthasarthy (Group Head Treasury, 848.56K shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Kaizad Bharucha | - | 4,607,082 | 0 | 20 Apr, 2026 |
| Nirav Vimal Shah | Group Head Corporate Banking | 1,428,600 | 0 | 17 Apr, 2026 |
| N Srinivasan | Group Head Operations | 648,422 | 0 | 24 Mar, 2026 |
| Ashish Parthasarthy | Group Head Treasury | 848,558 | 0 | 22 Apr, 2026 |
| Sudhirkumar Jha | Group Head Corporate Legal | 44,190 | 0 | 23 Mar, 2026 |
| Anil Bhavnani | Group Head Transportation | 703,436 | 0 | 24 Apr, 2026 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 23 Apr, 2026 | Anil Bhavnani | Equity Shares | A | 3,000 | $6.80 | 700,436 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | Equity Shares | A | 3,000 | $6.80 | 700,436 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | Equity Shares | A | 3,000 | $6.80 | 700,436 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | Equity Shares | A | 3,000 | $7.85 | 703,436 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | Equity Shares | A | 3,000 | $7.85 | 703,436 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | Equity Shares | A | 3,000 | $7.85 | 703,436 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | EmployeeStockOption (Right to Buy) | D | 3,000 | $6.80 | 51,400 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | EmployeeStockOption (Right to Buy) | D | 3,000 | $6.80 | 51,400 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | EmployeeStockOption (Right to Buy) | D | 3,000 | $6.80 | 51,400 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | EmployeeStockOption (Right to Buy) | D | 3,000 | $7.85 | 18,800 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | EmployeeStockOption (Right to Buy) | D | 3,000 | $7.85 | 18,800 | D | X |
| 23 Apr, 2026 | Anil Bhavnani | EmployeeStockOption (Right to Buy) | D | 3,000 | $7.85 | 18,800 | D | X |
| 21 Apr, 2026 | Ashish Parthasarthy | Equity Shares | D | 6,000 | $8.94 | 848,558 | D | S |
| 21 Apr, 2026 | Ashish Parthasarthy | Equity Shares | D | 6,000 | $8.94 | 848,558 | D | S |
| 21 Apr, 2026 | Ashish Parthasarthy | Equity Shares | D | 6,000 | $8.94 | 848,558 | D | S |
| 17 Apr, 2026 | Kaizad Bharucha | Equity Shares | A | 5,000 | $6.80 | 4,607,082 | D | X |
| 17 Apr, 2026 | Kaizad Bharucha | Employee Stock Option (Right to Buy) | D | 5,000 | $6.80 | 45,000 | D | X |
| 16 Apr, 2026 | Nirav Vimal Shah | Equity Shares | A | 51,800 | $7.85 | 1,428,600 | D | X |
| 16 Apr, 2026 | Nirav Vimal Shah | Equity Shares | A | 51,800 | $7.85 | 1,428,600 | D | X |
| 16 Apr, 2026 | Nirav Vimal Shah | Equity Shares | A | 51,800 | $7.85 | 1,428,600 | D | X |