IndusInd Bank has witnessed a significant corporate action with its promoter entities releasing pledges on a substantial portion of the bank's equity shares. The transaction, completed on March 27, 2026, involved the release of pledges by two key promoter entities under SEBI disclosure regulations pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

SEBI Regulatory Disclosure Framework

The bank submitted comprehensive regulatory disclosures following the formal SEBI disclosure format under Regulation 29(2). The disclosure encompasses detailed encumbrance release documentation involving IndusInd International Holdings Limited (IIHL) and IndusInd Limited (IL), both confirmed promoter entities of the target company.

Promoter Pledge Release Details

IndusInd International Holdings Limited and IndusInd Limited released their pledges on equity shares as part of regulatory compliance. The transaction involved a complete release of encumbered shares without any change in the overall promoter shareholding pattern.

Transaction Impact and Structure

The pledge release represents a complete divestment of the promoters' encumbered positions while maintaining their total shareholding in the bank. The transaction was executed as a release of pledge without involving any acquisition or sale of voting rights.

Capital Structure and Shareholding

The regulatory filing confirms that the bank's total equity share capital remained unchanged at 77,91,06,092 shares as of March 20, 2026. The promoter entities maintained their combined shareholding of 15.08% while completely releasing all encumbered positions.

The pledge release was executed by Moses Newling Harding John, President and CEO of IndusInd International Holdings Limited, and Radamohun Gujadhur, General Manager and Director of IndusInd Limited, both signing from Mauritius on March 28, 2026. The transaction ensures complete regulatory compliance while maintaining the promoters' strategic shareholding in the bank without any encumbrance.

IndusInd Bank has issued an official clarification under Regulation 30 of SEBI Listing Regulations regarding recent media reports about Serious Fraud Investigation Office (SFIO) summons. The bank has categorically stated that it has not received any communication regarding employee summons in connection with the ongoing investigation.

Official Regulatory Filing

The bank's clarification was filed with the National Stock Exchange of India Limited and BSE Limited on March 30, 2026, in response to a news item published on Economic Times website captioned "SFIO summons former top executives of IndusInd Bank in accounting probe."

Timeline of SFIO Investigation Disclosures

The bank provided a comprehensive timeline of its previous disclosures related to the SFIO investigation:

Investigation Scope and Current Status

The SFIO investigation covers multiple accounting areas including internal derivative trades, unsubstantiated balances in "other assets" and "other liabilities" accounts, and micro finance interest income/fee income. The investigation was formally initiated under section 212 of the Companies Act, 2013.

The bank acknowledged that while it has not received any summons communication, the SFIO may be issuing summons or notices directly to individuals without routing them through the bank as part of its ongoing investigation.

Regulatory Compliance Commitment

IndusInd Bank emphasized its commitment to disclosure obligations under Regulation 30 of the Listing Regulations and assured continued compliance. The clarification was signed by Company Secretary Anand Kumar Das and has been made available on the bank's official website.

The bank's proactive clarification demonstrates its commitment to transparency and accurate information dissemination to stakeholders while the regulatory investigation continues.