F-6 POS 1 e617974_f6pos-hdfc.htm

 

As filed with the U.S. Securities and Exchange Commission on November 9, 2022

Registration No. 333-175521

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

 

POST-EFFECTIVE AMENDMENT NO. 2 TO  

FORM F-6

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 

For Depositary Shares Evidenced by American Depositary Receipts

___________________

 

HDFC Bank Limited 

(Exact name of issuer of deposited securities as specified in its charter)

 

n/a 

(Translation of issuer's name into English)

 

Republic of India

(Jurisdiction of incorporation or organization of issuer)

 

JPMORGAN CHASE BANK, N.A. 

(Exact name of depositary as specified in its charter)

 

383 Madison Avenue, Floor 11, New York, New York 10179

Telephone (800) 990-1135

(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)

____________________

 

Depositary Management Corporation

570 Lexington Avenue, Suite 2405

New York, New York 10022 

Telephone: (212) 319-4800

 

(Address, including zip code, and telephone number, including area code, of agent for service)

 

Copy to:

 

Scott A. Ziegler, Esq.

Ziegler, Ziegler & Associates LLP

570 Lexington Avenue, Suite 2405 

New York, New York 10022

(212) 319-7600

 

It is proposed that this filing become effective under Rule 466

☒ immediately upon filing

☐ on (Date) at (Time)        

 

If a separate registration statement has been filed to register the deposited shares, check the following box. ☐

 

CALCULATION OF REGISTRATION FEE

Title of each class of

Securities to be registered

 

Amount

to be registered 

Proposed maximum aggregate price per unit (1)

Proposed maximum 

aggregate offering price (2) 

Amount of 

registration fee

American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing three shares of HDFC Bank Limited n/a n/a n/a n/a

 

(1)Each unit represents one American Depositary Share.

(2)Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.

 

 

PART I 

INFORMATION REQUIRED IN PROSPECTUS

 

The Prospectus consists of the proposed form of American Depositary Receipt (“ADR” or “American Depositary Receipt”) included as Exhibit A to the form of Second Amended and Restated Deposit Agreement filed as Exhibit (a) to this Post-Effective Amendment to Registration Statement on Form F-6, which is incorporated herein by reference.

 

CROSS REFERENCE SHEET

 

Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED

 

Item Number and Caption   Location in Form of American Depositary Receipt Filed Herewith as Prospectus
     
(1) Name and address of Depositary   Introductory paragraph and bottom of face of American Depositary Receipt
       
(2) Title of American Depositary Receipts and identity of deposited securities   Face of American Depositary Receipt, top center
       
  Terms of Deposit:    
       
   (i) Amount of deposited securities represented by one unit of American Depositary Shares   Face of American Depositary Receipt, upper right corner
         
   (ii) Procedure for voting the deposited securities   Paragraph (12)
         
   (iii) Procedure for collecting and distributing dividends   Paragraphs (4), (5), (7) and (10)
         
   (iv) Procedures for transmitting notices, reports and proxy soliciting material   Paragraphs (3), (8) and (12)
         
   (v) Sale or exercise of rights   Paragraphs (4), (5) and (10)
         
   (vi) Deposit or sale of securities resulting from dividends, splits or plans of reorganization   Paragraphs (4), (5), (10) and (13)
         
   (vii) Amendment, extension or termination of the Deposit Agreement   Paragraphs (16) and (17)
         
   (viii) Rights of holders of ADRs to inspect the transfer books of the Depositary and the list of holders of ADRs   Paragraph (3)
         
   (ix) Restrictions upon the right to deposit or withdraw the underlying securities   Paragraphs (1), (2), (4), and (5)
         
   (x) Limitation upon the liability of the Depositary   Paragraph (14)

         
(3) Fees and charges that a holder of ADRs may have to pay, either directly or indirectly   Paragraph (7)
       

 

 

 

Item 2. AVAILABLE INFORMATION    
     
Item Number and Caption   Location in Form of American Depositary  Receipt Filed Herewith as Prospectus
         
(a) Statement that HDFC Bank Limited is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly files certain reports with the Securities and Exchange Commission, and that such reports are available for inspection and copying through the Securities and Exchange Commission’s EDGAR system or at public reference facilities maintained by the Securities and Exchange Commission in Washington, D.C.   Paragraph (8)

 

 

PART II

 

INFORMATION NOT REQUIRED IN PROSPECTUS

 

Item 3. EXHIBITS

 

(a) Form of Deposit Agreement. Form of Second Amended and Restated Deposit Agreement dated as of       , 2022 among HDFC Bank Limited, JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all holders from time to time of American Depositary Receipts issued thereunder (the "Deposit Agreement"), including the form of American Depositary Receipt, is filed herewith as Exhibit (a).

 

(b)Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not Applicable.

 

(c)Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not Applicable.

 

(d)Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities being registered. Previously filed.

 

(e)Certification under Rule 466. Filed herewith as Exhibit (e)..

 

(f)Power of Attorney. Included as part of the signature pages hereto.

 

Item 4. UNDERTAKINGS

 

(a)The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.

 

(b)If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule.

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A. on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Post-Effective Amendment to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, on November 9, 2022.

 

  Legal entity created by the form of Deposit Agreement for the issuance of ADRs evidencing American Depositary Shares
     
  By: JPMORGAN CHASE BANK, N.A., as Depositary
     
  By: /s/ Timothy E. Green
  Name: Timothy E. Green
  Title: Vice President

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-6 and has duly caused this post-effective amendment to registration statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Mumbai, India on November 9, 2022.

 

 

HDFC BANK LIMITED

 

  By /s/ Srinivasan Vaidyanathan
    Srinivasan Vaidyanathan
    Chief Financial Officer

 

 

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Sashidhar Jagdishan and Srinivasan Vaidyanathan, and each of them, his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement and any and all related registration statements pursuant to Rule 462(b) of the Securities Act, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute, may lawfully do or cause to be done by virtue hereof.

 

Pursuant to the requirements of the Securities Act, this post-effective amendment to registration statement on Form F-6 has been signed by the following persons in the capacities on November 9, 2022.

 

SIGNATURES   

 

Signature

  Title
     
/s/ Sashidhar Jagdishan   Chief Executive Officer (Principal Executive Officer) and
Sashidhar Jagdishan   Managing Director
     
     
/s/ Srinivasan Vaidyanathan   Chief Financial Officer (Principal Financial Officer and
Srinivasan Vaidyanathan   Principal Accounting Officer)
     
     
/s/ Atanu Chakraborty   Non- Executive Chairperson and Independent Director
Atanu Chakraborty    

 

 

/s/ Malay Patel   Independent Director
Malay Patel    
     
/s/ Umesh Chandra Sarangi   Independent Director
Umesh Chandra Sarangi    
     
/s/ Renu Karnad   Non-Executive Director
Renu Karnad    
     
/s/ Sanjiv Sachar   Independent Director
Sanjiv Sachar    
     
/s/ Sandeep Parekh   Independent Director
Sandeep Parekh    
     
/s/ M. D. Ranganath   Independent Director
M. D. Ranganath    
     
/s/ Kaizad Bharucha   Executive Director
Kaizad Bharucha    
     
/s/ Sunita Maheshwari   Independent Director
Sunita Maheshwari    
     
/s/ Lily Vadera   Independent Director
Lily Vadera    

 

 

SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE REGISTRANT

 

Pursuant to the Securities Act of 1933, as amended, the undersigned, a duly authorized representative of HDFC Bank Limited in the United States, has signed this registration statement or amendment in the City of New York, State of New York, on November 9, 2022.

 

  Depositary Management Corporation
  (Authorized U.S. Representative)
     
  By: /s/ George Boychuk
  Name: George Boychuk
  Title: Managing Director

 

 

INDEX TO EXHIBITS

 

Exhibit

Number

   
   
(a) Form of Second Amended and Restated Deposit Agreement  
     
(e) Rule 466 Certification