IndusInd Bank promoters restructure share pledges for refinancing
after close1 source ↓written by the desknot a recommendation
- was released
- 1.45% of total capital
- encumbered shares
- 1.41%
- against ₹30
- 1.31:1 security cover
- promoter holdings
- 15.08%
- Release
- 1,12,88,989 shares
Promoters of IndusInd Bank restructured share pledges on 30 June 2026 to refinance existing debt. 1.45% of total capital was released by IndusInd International Holdings, reducing encumbered shares to 1.41%. IndusInd Limited created a new pledge on the same amount, maintaining a 1.31:1 security cover against ₹30,600 cr. This move optimizes lender security and stabilizes promoter holdings at 15.08%.
• Release of 1,12,88,989 shares
• New pledge on 1,12,88,989 shares
• Total promoter holding remains at 15.08%
Not investment advice. For informational purposes only.