IndusInd Bank Limited has announced the release of encumbrance on a significant portion of its shares held by its promoters, IndusInd International Holdings Limited and IndusInd Limited. The disclosure, made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicates that the release took place on 27 March 2026.
IndusInd International Holdings Limited released a total of 3,17,85,006 shares, which constituted 4.08% of the total share capital of IndusInd Bank. Prior to the release, the promoter held 8,95,37,464 shares, representing 11.49% of the bank’s total share capital. Following the release, the number of encumbered shares held by IndusInd International Holdings Limited stands at nil.
Similarly, IndusInd Limited released 2,79,78,546 shares, making up 3.59% of the bank’s total share capital. This release also occurred on 27 March 2026. Before the release, IndusInd Limited held 2,79,78,546 shares, which accounted for 3.59% of the total share capital of IndusInd Bank. Post-release, IndusInd Limited holds no encumbered shares.
The release of encumbrance signifies that the promoters have lifted the pledge on these shares, which were previously encumbered. The reasons for the encumbrance were not specified in the filing.
These disclosures were received by the bank from its promoters via email dated 28 March 2026, and have been made available on the bank’s website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).