The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on March ....
INDUSINDBK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IndusInd Bank's promoters — IndusInd International Holdings Ltd (IIHL) and IndusInd Ltd (IL) — created a new pledge on March 27, 2026 in favour of Catalyst Trusteeship Limited (acting as Onshore Security Agent). A total of 5,02,67,535 shares were encumbered, comprising 2,22,88,989 shares (2.86%) of IIHL and 2,79,78,546 shares (3.59%) of IL. The pledged shares had a value of around Rs 4,021 crore against an encumbrance amount of Rs 3,060 crore (ratio 1.32x). The promoters hold 11,75,16,010 shares in total (15.08% of total share capital) and the stated purpose is refinancing of existing indebtedness. The disclosure states encumbrance is 50% or more of promoter shareholding, though the actual pledged-to-promoter ratio calculates to about 42.8%.
Pledge creation by promoters is generally viewed as a cautious signal, suggesting leverage or refinancing needs. Shareholders should watch for any further pledging, invocation, or impact on promoter shareholding stability.