Promoter Entities Involved

  • IndusInd International Holdings Limited (IIHL)
  • IndusInd Limited (IL)

Key Transaction Details

Event Date: June 30, 2026

Transaction Type: Simultaneous release of pledge by IIHL and creation of pledge by IL

Number of Shares Involved: 1,12,88,989 equity shares

Percentage of Total Share Capital: 1.45%

Purpose: Refinancing of existing indebtedness

Specific Encumbrance Details

IndusInd International Holdings Limited (IIHL)

  • Action: Release of Pledge
  • Date: June 30, 2026
  • Shares Released: 1,12,88,989 shares (1.45% of capital)
  • Pre-Release Encumbered Holding: 2,22,88,989 shares (2.86% of capital)
  • Post-Release Encumbered Holding: 1,10,00,000 shares (1.41% of capital)
  • Total IIHL Holding: 7,82,48,475 shares (10.04% of capital)

IndusInd Limited (IL)

  • Action: Creation of Pledge
  • Date: June 30, 2026
  • Shares Pledged: 1,12,88,989 shares (1.45% of capital)
  • Pre-Pledge Encumbered Holding: 2,79,78,546 shares (3.59% of capital)
  • Post-Pledge Encumbered Holding: 3,92,67,535 shares (5.04% of capital)
  • Total IL Holding: 3,92,67,535 shares (5.04% of capital)

Counterparty Details

Entity in Whose Favor Shares Encumbered: Catalyst Trusteeship Limited - Onshore Security Agent for Lenders

Lenders: J.P. Morgan Securities plc, Deutsche Bank AG, Singapore Branch, Barclays Bank PLC, and Citibank N.A., London Branch

Nature of Entity: Banking institutions (not scheduled commercial banks, public financial institutions, NBFCs or housing finance companies)

Overall Promoter Holding Structure

Total Promoter Shareholding: 11,75,16,010 shares

Percentage of Total Share Capital: 15.08%

Total Encumbered Shares After Transaction: 5,02,67,535 shares

Percentage of Total Capital Encumbered: 6.45%

Percentage of Promoter Holding Encumbered: 42.78%

Capital Structure Impact

Equity Share Capital Before Transaction: 77,91,32,752 shares

Equity Share Capital After Transaction: 77,91,32,752 shares (no change)

Total Diluted Share Capital: 77,91,32,752 shares

Additional Information

  • The transaction was executed off-market
  • The encumbrance does not relate to any debt instruments (debentures, commercial paper, certificate of deposit, etc.)
  • The value of shares on the date of event was ₹40,214,028,000
  • The amount involved against which shares have been encumbered was ₹30,600,000,000
  • Ratio of share value to amount involved: 07:32
  • The encumbered shares are not 50% or more of promoter shareholding
  • The encumbered shares are not 20% or more of total share capital

Document Submission

The disclosure was received from promoters via email dated July 2, 2026, and is being uploaded on the Bank's website at www.indusind.bank.in.