IndusInd Bank has disclosed the creation of pledge on shares held by its promoters, IndusInd International Holdings Limited and IndusInd Limited, in compliance with Securities and Exchange Board of India (SEBI) regulations.
The bank filed disclosures under Regulation 29 and Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the National Stock Exchange of India and BSE Limited on 31 March 2026.
The disclosures comprised three key annexures. Annexure I contained notifications from the promoters regarding the encumbrance of shares, invocation of encumbrance, or release of encumbrance, submitted in accordance with Regulation 31(1) and 31(2) of the SEBI takeover regulations. Annexure II detailed the reasons for the encumbrance created on the shares. Annexure III contained additional disclosures submitted by IndusInd International Holdings Limited and IndusInd Limited under Regulation 29(2) of the same regulations.
The filings reveal two distinct pledge creation events. IndusInd Limited created a pledge on shares dated 13 February 2026 as a catalyst trustee arrangement, with the pledge subsequently released and invoked on an unspecified date. IndusInd International Holdings Limited similarly created a pledge on shares dated 16 January 2026, which was later released and invoked.
In both cases, the pledges were created to facilitate refinancing of existing indebtedness, with the trustee arrangements involving undisclosed entities and other parties as designated.
Company Secretary Anand Kumar Das filed the disclosures electronically on behalf of IndusInd Bank Limited. The bank uploaded all documentation to its website at www.indusind.bank.in for investor access and transparency.