Shareholding3 Jul 2026, 11:22 am
Indusind Bank: Promoter Group Disclosure Under SEBI Takeover Code
AI Summary
IndusInd Bank Limited has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from its promoter entities, IndusInd International Holdings Ltd (IIHL) and IndusInd Ltd (IL). The disclosure details changes in shareholding and encumbrances. Specifically, IIHL released a pledge on 1.12 crore shares, while IL created a pledge on the same number of shares. Following these transactions, the total promoter holding remains at 15.08% of the total share capital.
Key Highlights
- Promoter entities IIHL and IL filed disclosure under SEBI Takeover Code.
- IIHL released pledge on 1.12 crore shares; IL created pledge on same shares.
- Total promoter shareholding remains 15.08% post transactions.
- Transactions were conducted off-market.
- Disclosure pertains to changes in pledged shares and voting rights.
Price Impact
More from INDUSINDBK