Hi Deepankar,
is important that you know that support for HSR + DR scenario is currently not available because there is a restriction to have VM and Vault in the same region.
Secondly, for the solution to work one of the pre-requisites is that the Recovery Services vault should be created in the same region and subscription as the two VMs/nodes of the HANA System Replication (HSR) database. So, you cannot have two different vaults.
So, the answer to your question here is no, you cannot configure the Azure Workload Backup SAP HANA HSR solution in the way you have described.
For more information, you can check bellow links I'm sharing with you,
https://learn.microsoft.com/en-us/azure/backup/sap-hana-database-with-hana-system-replication-backup#prerequisites
Hope I was able to help!