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Indusind Bank Ltd. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

| Updated on June 26, 2018 Published on June 26, 2018

Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.


Madam / Dear Sir,

Sub: Proposed acquisition by IndusInd Bank Limited of 100% of the shares of IL&FS Securities Services Ltd, the securities services subsidiary of IL&FS

Please be informed that further to the disclosures dated March 14, 2017 and April 3, 2018 on the above subject, IndusInd Bank Limited has today signed a Definitive Share Purchase Agreement with Infrastructure Leasing and Financial Services Limited (IL&FS), the promoter shareholder of IL&FS Securities Services Limited (ISSL) and other minority shareholders, to acquire 100% of ISSL.

In this connection, IndusInd Bank Limited will issue a Press Release today. A copy of the Press Release, together with the Annexure, is enclosed for your record, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pdf Link: Indusind Bank Ltd. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Source : BSE - www.bseindia.com

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Published on June 26, 2018
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