IndusInd Bank Limited has announced amendments to its Fair Disclosure Code for Unpublished Price Sensitive Information, with the Board of Directors approving the changes on April 24, 2026. The bank formally communicated this regulatory compliance update to stock exchanges including NSE and BSE, along with the Luxembourg Stock Exchange.

Board Approval and Regulatory Communication

The bank's Board of Directors approved the amended "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" during their meeting on April 24, 2026. Company Secretary Anand Kumar Das formally notified the exchanges, ensuring compliance with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Authorized Spokespersons and Information Framework

The comprehensive code establishes clear guidelines for information disclosure and stakeholder communication. The bank has designated specific authorized spokespersons including the Managing Director, Chief Financial Officer, and Head of Investor Relations for interactions with analysts, institutional investors, and the general investor community.

Key Disclosure Practices

The code mandates several critical practices for fair information disclosure:

• Prompt public disclosure of price-sensitive information as soon as credible information becomes available
• Strict adherence to SEBI LODR Regulations timelines for notifications and disclosures
• Uniform and universal dissemination to avoid selective disclosure
• Priority disclosure to stock exchanges before media release
• Immediate correction of any material errors or omissions in previous disclosures

Handling of Unpublished Price Sensitive Information

The bank has implemented stringent measures for managing UPSI on a need-to-know basis. All employees, directors, and designated persons must handle such information strictly for legitimate purposes, performance of duties, or legal obligations. The code requires comprehensive documentation of UPSI recipients including name, address, email, PAN, and other identifiers.

Information Leakage Prevention and Response Measures

The code includes specific protocols for handling information leakage or inadvertent disclosure. The bank may disclose provisional figures close to quarter-end to make information generally available, while maintaining confidentiality for sensitive matters like mergers, acquisitions, or labor disputes until finalization.

Response Framework for Market Rumors

The bank has established comprehensive measures for addressing market rumors and information leakage:

• Prompt disclosure to stock exchanges upon information leakage
• Appropriate clarifications and responses to media rumors
• Immediate disclosure of requisite details for inadvertent disclosures
• Proactive clarifications for major market rumors when necessary

The amended Fair Disclosure Code demonstrates IndusInd Bank's commitment to regulatory compliance and transparent communication with stakeholders. All material information disclosed to stock exchanges will be uploaded on the bank's website in accordance with SEBI LODR Regulations and its Archival Policy.

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.