IndusInd Bank Ltd. — Major Shareholding Notification 2021

Apr 26, 2021

Annexure - II	Annexure - II
Format for disclosure of reasons for encumbrance
Name of listed company	IndusInd Bank Limited
Name of the recognised stock exchanges where the	a) BSE Ltd., b)The National Stock Exchange of
shares of the company are listed	India Ltd.
Name of the promoter(s) / PACs whose shares have	IndusInd International Holdings Ltd. and IndusInd
been encumbered	Ltd.
Total promoter shareholding in the listed company	No. of shares – 11,75,16,010
	% of total share capital - 15.20%
Encumbered shares as a % of promoter	45.48% (of 15.20%)
shareholding
Whether encumbered share is 50% or more of	No
promoter shareholding
Whether encumbered share is 20% or more of total	No
share capital
Details of all the existing events/ agreements pertaining to encumbrance
	Encumbrance 1	Encumbrance 2
	(Date of creation of encumbrance: February 12,	April 15, 2021
	2021
Type of encumbrance (pledge, lien, negative lien,	Pledge	Pledge
non-disposal undertaking etc. or any other
covenant, transaction, condition or arrangement in
the nature of encumbrance)
No. and % of shares encumbered	No. of shares: 4,27,30,522	No. of shares: 1,07,11,348
	% of total share capital: 5.64%	% of total share capital: 1.38%

Specific details about the encumbrance

	Specific details	Specific details
		Specific details	about the encumbrance
		Name of the e	ntity in whose favour shares	Pledge of Equity shares	in favour of Barclays Ba	n		k	Pledge of Equity shares infavour of Barclays Bank PLC,and Deutsche Bank AG,London Branch
		encumbered (X	)	PLC, and Deutsche Ban	k AG, London Branch
		Whether the ebank, public fin	ntity X is a scheduled commercialancial institution, NBFC or housing	No.Banking.					No.Banking.
		finance compabusiness of the	ny? If No, provide the nature of theentity.
		Names of all ot	her entities in the agreement	Listed company and its1	group companies (if an	y)			Listed company and its groupcompanies (if any) –1.2. …Other entities (if any) –1. IndusInd Ltd.2. IndusInd InternationalHoldings Ltd.3. Catalyst Trusteeship Ltd.
				.2. …Other entities (if any) –1. IndusInd Ltd.2 IdId Itti	l Hldi Ltd
				. nusn nernaona ongs .
	Whether the encumbrance is relating to any debtinstruments viz. debenture, commercial paper,certificate of deposit etc.? If yes, provide detailsabout the instrument, including credit rating			Not ApplicableIf yes,1. Name of the issuer2. Details of the debt instrument3. Whether the debt instrument is listed on stocexchanges?4. Credit Rating of the debt instrument5. ISIN of the instrument			k		Not Applicable

Security Cover / Asset Cover	Security Cover / Asset Cover	Security Cover / Asset Cover
Value of shares on the date of event / agreement(A)	43666320432	9044662251
Amount involved (against which shares have beenencumbered) (B)	21833160000	9044661622
Ratio of A / B	2:1	1:1
End use of mone
Borrowed amount to be utilized for what purpose –(a) Personal use by promoters and PACs(b) For the benefit of listed companyProvide details including amount, purpose of raisingmoney by listed company, schedule for utilization ofamount, repayment schedule etc.(a) Any other reason (please specify)	To acquire/invest in global business opportunities.	To top-up the security placedwith the Lenders for anexisting loan facility.

For IndusInd International Holdings Ltd.

Moses Harding John President and Chief Executive Officer

Place: Mauritius Date: 22 April 2021