This filing details the status of pledged and released shares by the promoters of IndusInd Bank Limited as of March 28, 2026. IndusInd International Holdings Limited (IIHL) reported the release of a pledge involving 3,17,85,006 shares (4.08% of total capital) on March 27, 2026. Concurrently, IndusInd Limited (IL) reported a release of 2,79,78,546 shares (3.59% of total capital).
Promoter Shareholding and Reporting Context
This disclosure format details the encumbrance, invocation, or release of shares held by promoters of IndusInd Bank Limited (TC), as reported on March 28, 2026. The reporting entity is IndusInd International Holdings Limited. The total promoter shareholding stood at 15.08% of the total share capital (11,75,16,010 shares).
Details of Share Release Event (March 27, 2026)
The reporting concerns the release of a pledge event dated March 27, 2026.
IndusInd International Holdings Ltd. (IIHL)
- Pre-event Holding (1): 8,95,37,464 shares, representing 11.49% of total capital.
- Shares Already Encumbered (2): 317,85,006 shares, representing 4.08% of total capital. (This figure matches the release amount in column 3, suggesting this was the previously encumbered amount being released).
- Event Detail (3): Release of Pledge involving 3,17,85,006 shares (4.08% of total capital).
- Post-event Holding: The post-event encumbered holding is NIL.
IndusInd Limited (IL)
- Pre-event Holding (1): 2,79,78,546 shares, representing 3.59% of total capital.
- Shares Already Encumbered (2): 2,79,78,546 shares, representing 3.59% of total capital. (This figure matches the release amount in column 3, suggesting this was the previously encumbered amount being released).
- Event Detail (3): Release of Pledge involving 2,79,78,546 shares (3.59% of total capital).
- Post-event Holding: The post-event encumbered holding is N.A.
Summary of Historical Encumbrance Details
The filing also summarizes existing encumbrances, all of which appear to relate to pledges in favour of Barclays Bank PLC and Deutsche Bank AG, London Branch.
Aggregate Encumbrance Status Prior to Release
The cumulative prior encumbrance across IIHL and IL amounted to:
- IIHL: 3,17,85,006 shares (4.08% of total share capital).
- IL: 2,79,78,546 shares (3.59% of total share capital).
Use of Funds for Encumbrance
The borrowed funds were intended for:
- IIHL: To acquire/invest in global business opportunities.
- IL: To top-up security placed with the Lenders for an existing loan facility.
The value ratio (Asset Cover/Amount Involved) for the transactions reported by IIHL was 2:1, while for IL it was 1:1.
Source: BSE
