Indusind Bank - Qualified Institutional Placement

Indusind Bank Ltd has informed BSE that in respect of issue of Equity Shares of Face Value of Rs 10/- each in the Company (Equity Shares) to QIB's under Qualified Institutional Placement in terms of Chapter XIII-A of Securities and Exchange Board of India (Disclosure arid Investor Protection) Guidelines, the Finance Committee of the Board of Directors has approved the allotment of 54,897,140 Equity Shares (including a premium Rs 77.50 per Equity Share), aggregating to Rs 4,803,499,750.00 to Qualified Institutional Buyers.