Shareholding2 May 2026, 11:01 am
IndusInd Bank: Promoter Share Encumbrance Release
AI Summary
IndusInd Bank Ltd. received a revised disclosure on April 30, 2026, regarding the release of encumbrance on shares by IndusInd International Holdings Ltd and IndusInd Ltd, under Regulation 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. The release of pledge occurred on March 27, 2026, with IndusInd International Holdings Ltd releasing 3,17,85,006 shares (4.08%), and IndusInd Ltd releasing 2,79,78,546 shares (3.59%). The shares were previously encumbered in favor of Barclays Bank PLC and Deutsche Bank AG, London Branch.
Key Highlights
- Revised disclosure received for release of share encumbrance.
- IndusInd International Holdings Ltd released 3,17,85,006 shares (4.08%).
- IndusInd Ltd released 2,79,78,546 shares (3.59%).
- Encumbrance release occurred on March 27, 2026.
- Shares were encumbered in favor of Barclays Bank PLC and Deutsche Bank AG.
Price Impact
More from INDUSINDBK