IndusInd Bank has announced a significant employee stock option grant, with its Compensation and Nomination & Remuneration Committee approving the allocation of 10,50,000 stock options to 130 employees under the bank's Employee Stock Option Scheme (ESOP) on April 24, 2026.

Grant Details and Beneficiaries

The stock option grant covers a diverse group of employees across the IndusInd Bank ecosystem. The allocation includes 123 eligible employees of the bank and 7 employees of BFIL (Bharat Financial Inclusion Limited). Each stock option is convertible into one equity share of the bank upon exercise, providing employees with potential ownership stakes in the institution.

Financial Terms and Pricing

The grant incorporates specific financial parameters designed to align employee interests with market performance:

The grant price of Rs. 860.35 per share represents the closing price on the National Stock Exchange on Thursday, April 23, 2026, which was the previous trading day with the highest trading volume.

Vesting and Exercise Structure

The ESOP scheme incorporates a structured timeline for vesting and exercise periods to ensure long-term employee retention and performance alignment:

Vesting Schedule

The options will vest over a 3-year period from the date of grant, distributed as follows:

• Year 1: 33% of allocated options
• Year 2: 33% of allocated options
• Year 3: 34% of allocated options

Exercise Period

Employees will have a 5-year window from the date of vesting to exercise their stock options, providing flexibility in timing their equity participation based on market conditions and personal financial planning.

Regulatory Compliance

The grant has been executed in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited of this corporate action. Additionally, detailed information regarding the grant has been made available on the bank's official website at www.indusind.bank.in for stakeholder access and transparency.

IndusInd Bank Limited has announced significant changes in its senior management with the appointment of a new Chief Compliance Officer. The bank disclosed this development in a regulatory filing dated April 24, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Transition Details

The bank's Board of Directors has approved the appointment of Mr. Sunil Kumar Singh as Chief Compliance Officer, effective April 30, 2026. This appointment comes as Mr. Sachin Patange will cease to hold the position with effect from the close of business hours on April 29, 2026, consequent upon his tenure nearing completion.

Professional Background of New Appointee

Mr. Sunil Kumar Singh brings extensive banking expertise to his new role, with over 28 years of experience in the financial services sector. His most recent association was with Mizuho Bank, where he spent 11 years in various senior positions.

Career Highlights

• Mizuho Bank (11 years): Served as Chief Compliance Officer for 9 years from April 2015 to March 2024
• Recent Role: Managing Director-II heading GRC (Governance, Risk and Compliance) function in India franchise
• Previous Experience: Bank of America, ICICI Bank, and State Bank of India

Areas of Expertise

Singh's professional experience spans multiple critical banking functions:

• Compliance and Enterprise Risk Management
• Credit Risk and Credit Policy
• Corporate Banking and Transaction Banking
• Trade Finance and International Banking
• Debt Service Management and Retail Banking
• Basel-III/ICAAP and Operations

Educational Qualifications

The new Chief Compliance Officer holds strong academic and professional credentials:

• MBA (Finance)
• CAIIB (Certified Associate of Indian Institute of Banking & Finance)

Regulatory Compliance

The appointment was made based on the recommendation of the Compensation and Nomination & Remuneration Committee. The bank has fulfilled all disclosure requirements under SEBI regulations and has made the information available on its official website at www.indusind.bank.in .

This leadership change reflects the bank's commitment to maintaining robust compliance standards and governance practices as it continues its operations across various banking segments.