Akila Krishnakumar ceases to be a Non-Executive Independent Director of IndusInd Bank effective August 9, 2026, following the completion of her tenure. The departure marks the end of her term rather than a resignation or removal, ensuring continuity in the bank’s governance structure without abrupt leadership changes. This routine transition allows the Board to focus on identifying a successor who meets the regulatory criteria for independent directors under SEBI guidelines.

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure was submitted to the National Stock Exchange of India Limited, BSE Limited, and the Luxembourg Stock Exchange on August 9, 2026.

Key Details of Cessation

The filing provides specific details regarding the cessation of Mrs. Akila Krishnakumar’s role:

The Board of Directors placed on record its utmost appreciation and gratitude for the meaningful contribution made by Mrs. Akila Krishnakumar during her tenure with the bank. The company secretary, Anand Kumar Das, signed the disclosure, which was also uploaded to the bank’s website at www.indusind.bank.in for public access.

Governance Implications

The exit of an independent director is a standard corporate governance event, particularly when tied to the natural conclusion of a term. For investors, this signals that the bank is adhering to its internal rotation policies and regulatory requirements for board composition. The absence of any stated conflict or controversy surrounding the departure suggests a stable governance environment. The bank will now need to appoint a new independent director to maintain compliance with SEBI’s listing obligations regarding the proportion of independent directors on the Board.

IndusInd Bank Limited will host analysts and institutional investors on August 13, 2026, in Mumbai, providing stakeholders with direct access to management during the Equirus Annual India Conference. The meeting is scheduled to include both group presentations and one-on-one discussions, allowing investors to engage with the bank’s leadership team regarding its strategic outlook and operational performance. This engagement is part of the bank's ongoing efforts to maintain transparency and communicate its financial trajectory to the investment community.

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The notice was issued on August 07, 2026, by Anand Kumar Das, the Company Secretary of IndusInd Bank Limited. The communication was dispatched to the National Stock Exchange of India Limited (Symbol: INDUSINDBK), BSE Limited (Scrip Code: 532187), and the Luxembourg Stock Exchange.

The event details are outlined below:

Investors are advised that the schedule is subject to change due to exigencies on the part of attendees or the bank. Any revisions to the schedule will be communicated to the stock exchanges promptly. A copy of the presentation to be used during the meeting is available on the bank’s website at www.indusind.bank.in/content/dam/indusind-corporate/investor-presentation .

The intimation regarding the analyst meet has also been uploaded to the bank’s official website at www.indusind.bank.in for public record. The bank’s registered office is located at 2401 Gen. Thimmayya Road, Pune 411001, while its Solitaire Corporate Park office is situated in Andheri (E), Mumbai.