The Promoter Group, comprising IndusInd International Holdings Limited (IIHL) and IndusInd Limited (IL), has disclosed the release of share pledges involving 5,97,63,552 equity shares of IndusInd Bank Limited. This action, dated March 27, 2026, results in no change to the overall shareholding, which remains fixed at 15.08% of the total voting capital. The total diluted capital base of the bank stands at 77,91,06,092 shares.
Disclosure Summary: IndusInd Bank Promoter Holdings
This format details a significant transaction by the Promoter Group of IndusInd Bank Limited, specifically involving IndusInd International Holdings Limited (IIHL) and IndusInd Limited (IL). The acquirers confirm they belong to the Promoter group. The relevant stock exchanges for the Bank’s listing are BSE Ltd. and The National Stock Exchange of India Limited.
Pre-Transaction Holding Status (Before Release of Pledge)
Prior to the transaction, the combined voting rights held by the Promoter entities were substantial:
- IIHL held 8,95,37,464 shares, representing 11.49%.
- IL held 2,79,78,546 shares, representing 3.59%.
- The combined total voting rights held through shares was 15.08% (11,75,16,010 shares).
Additionally, the group held interests under encumbrance (pledge/lien/non-disposal undertakings):
- IIHL: 4.08% (3,17,85,006 shares).
- IL: 3.59% (2,79,78,546 shares).
- The total encumbered portion before the action was 7.67% (5,97,63,552 shares).
Details of Acquisition / Sale (Release of Pledge)
The activity reported was exclusively the Release of Pledge, which is categorized under the movement of shares under encumbrance:
- IIHL: 3,17,85,006 shares released (equivalent to 4.08%).
- IL: 2,79,78,546 shares released (equivalent to 3.59%).
- The total release of pledged shares amounted to 5,97,63,552 shares, accounting for 7.67% of the capital.
No acquisition or sale of voting rights through direct share purchase or warrants occurred in this filing.
Post-Transaction Holding Status
Following the release of the pledge, the total holding structure remains consolidated:
- Shares carrying voting rights: 11,75,16,010 shares, representing 15.08% of the total capital.
- The total capital held by Promoters after the transaction remains 15.08%.
Capital Structure and Date of Action
The mode of transaction was explicitly stated as the Release of Pledge. The key dates and capital figures are as follows:
- Date of Action (Intimation Receipt): March 27, 2026.
- Equity Share Capital (Before/After): The equity share capital/total voting capital for the TC remains constant at 77,91,06,092 Shares before and after the transaction.
- Total Diluted Capital: The total diluted share/voting capital after the said transaction is also 77,91,06,092 Shares (as of March 20, 2026).
The disclosure was executed on March 28, 2026, from Mauritius, signed by representatives for both IIHL and IL.
Source: BSE
