IndusInd Bank has closed its trading window for dealing in the bank's securities effective July 1, 2026, to prevent insider trading ahead of its quarterly financial announcement. The restriction will remain in force until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. This closure is mandated by the bank's Code of Conduct formulated under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The decision to shut the trading window is a standard compliance procedure implemented during the period leading up to financial results to ensure that designated persons do not possess unpublished price-sensitive information. The specific date for the board meeting to consider and approve the financial results will be communicated separately by the bank.

The intimation regarding the closure of the trading window has been uploaded on the official website of IndusInd Bank . The bank has requested all concerned parties to take the information on record. The communication was signed by Anand Kumar Das, Company Secretary of IndusInd Bank Limited.

IndusInd Bank has initiated a postal ballot process to seek shareholder approval for the appointment of two Non-Executive Independent Directors, Mr. Nilesh Shivji Vikamsey and Mr. Ravindra Babu Garikipati, for a tenure of four years. The resolutions propose that both directors, who were appointed as Additional Directors effective April 24, 2026, shall hold office up to April 23, 2030, and will not be liable to retire by rotation. The appointments are subject to the approval of members through special resolutions via remote e-voting.

The Board of Directors approved the recommendations of the Compensation and Nomination & Remuneration Committee, confirming that both candidates meet the Fit and Proper norms prescribed by the Reserve Bank of India and possess the requisite qualifications. Mr. Nilesh Shivji Vikamsey brings over 40 years of experience in audit and consulting, while Mr. Ravindra Babu Garikipati offers more than 35 years of expertise in technology-led businesses. Neither candidate holds equity shares in the Bank as of June 8, 2026.

Voting Schedule and Process

The remote e-voting facility will be available to members whose names appear in the register of members or list of beneficial owners as on the cut-off date of Friday, June 5, 2026. The voting period is scheduled to commence at 9:00 a.m. IST on Thursday, June 11, 2026, and will conclude at 5:00 p.m. IST on Friday, July 10, 2026. Shareholders must cast their votes electronically, as physical postal ballot forms are not being dispatched for this process.

The Board has appointed Mr. Alwyn D'Souza of Alwyn Jay & Co., Company Secretaries, as the Scrutinizer to ensure the conduct of the postal ballot in a fair and transparent manner. The results of the postal ballot are expected to be declared on or before Tuesday, July 14, 2026, and will be displayed at the Registered and Corporate offices, communicated to the Stock Exchanges, and uploaded to the Bank’s website.

Director Profiles and Remuneration

The following table outlines the key details and proposed remuneration for the directors seeking appointment:

Mr. Nilesh Shivji Vikamsey is a senior partner at KKC & Associates LLP and a Past President of the Institute of Chartered Accountants of India (ICAI). Mr. Ravindra Babu Garikipati has previously served as the CTO of Flipkart and holds board positions at NIIT Limited and Axis Asset Management Company. The Bank has confirmed that neither director is related to any existing Director or Key Managerial Personnel.