INDUSIND BANK LTD. - Disclosure Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations).

We forward herewith a copy of communication received from Induslnd Ltd., Mauritius, Promoter of the Bank, regarding making of full repayment of the Loan by IndusInd Ltd., Mauritius to Citibank, London yesterday, March 31, 2020, and the pledge of 23.8 million equity shares of IndusInd Bank Ltd. shall be released by Citibank, London, today.<BR> IndusInd Ltd., Mauritius is now a debt-free entity.<BR>