Indusind Bank Ltd

IndusInd Bank Discloses Promoter Share Pledge 📊

- Promoters IndusInd International Holdings Ltd (IIHL) and IndusInd Ltd (IL) created share pledges on March 27, 2026

- IIHL pledged 2,228,989 shares (2.86% of total capital)

- IL pledged 2,797,854 shares (3.59% of total capital)

- Total pledged shares: 5,026,843 (6.45% of total capital)

- Catalyst Trusteeship Limited is the onshore security agent

- Pledge supports refinancing of existing debt for personal promoter use

- Total promoter shareholding: 117,516,010 shares (15.08% of total capital)

- Encumbered shares represent 50%+ of promoter holding but <20% of total capital

- Share value at pledge date: ₹40,214,028,000

- Borrowed amount: ₹30,600,000,000

- Security cover ratio: ~1.31

- Disclosures submitted to exchanges and company on March 31, 2026