IndusInd Bank independent director Pradeep Udhas steps down

Pradeep Udhas ceased to be the Non-Executive Independent Director of IndusInd Bank on June 8, 2026, upon completion of his tenure. The Board of Directors placed on record their appreciation for the meaningful contribution made by Mr. Pradeep Udhas during his service with the Bank.

Details of Cessation

The change in the Bank's board composition was intimated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific reason cited for the cessation was the completion of the director's tenure.

The following table outlines the key details regarding the change:

Sr. No.	Particulars	Details
1.	Reason for change	Cessation of Mr. Pradeep Udhas (DIN: 02207112) as the Non-Executive Independent Director of the Bank upon completion of his tenure
2.	Date of cessation	June 08, 2026
3.	Brief profile	Not Applicable
4.	Disclosure of relationships	Not Applicable

The disclosure references the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The information has been uploaded to the Bank's website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.21%	-3.13%	-7.03%	+4.69%	+5.65%	-11.92%

IndusInd Bank engaged with analysts and institutional investors on June 4, 2026, in Mumbai during the Citi India Conference 2026. The meeting served as a platform for the bank to interact with key market participants without disclosing any unpublished price sensitive information.

The bank clarified that discussions during the interaction were based on publicly available documents. A copy of the presentation used during the meet has been made available on the bank's official website for investor reference.

The event saw participation from 18 major financial institutions and asset management companies. The attendees included domestic and international entities such as Axis Asset Management Company Limited, BNP Paribas AM France, and HDFC Mutual Fund.

Participants at the Meet

The following table lists the institutional investors and analysts who participated in the one-on-one and group meetings:

Sr No.	Participant's Name
1	Axis Asset Management Company Limited
2	BNP Paribas AM France
3	Dymon Asia Capital (Singapore) Pte. Ltd.
4	Eastspring Investments Singapore Ltd
5	Edelweiss Fin Services Ltd
6	HDFC Mutual Fund
7	Invesco Asia
8	Mirae Asset Management
9	Nippon India Asset Management Ltd
10	Quantum Advisors
11	SBI Mutual Fund
12	Tata Mutual Fund
13	Tata Aia Life Insurance Company Ltd
14	Unit Trust of India
15	White Oak Capital
16	Motilal Oswal Asset Management Co Ltd
17	Marshall Wace Asset Management – UK
18	Kotak Mahindra UK Ltd

The intimation regarding this meeting was submitted to the National Stock Exchange of India Limited, BSE Limited, and Luxembourg Stock Exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.