General Announcement::False information in media

Issuer & Securities

Issuer/ Manager: INDUSIND BANK LIMITED (ACTING THROUGH ITS INTERNATIONAL FINANCIAL SERVICES CENTRE BANKING UNIT)
Securities: INDUSINDBKUS$400M3.875%N220415 - XS1978939079 - JNNB
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 03-Jun-2021 20:50:54
Status: New
Announcement Sub Title: False information in media
Announcement Reference: SG210603OTHRWYP4
Submitted By (Co./ Ind. Name): IndusInd Bank Limited
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): We have come across certain false reporting / information in the media stating that IndusInd Bank is a subsidiary of Hinduja Bank.

IndusInd Bank denies the said media report and considers it to be malicious, untrue, and baseless.

IndusInd Bank desires to clarify that it is not a subsidiary of any entity. The Bank wishes to further clarify that it is promoted by IndusInd International Holdings Ltd. (IIHL) and its subsidiaries.

IIHL is a Mauritius-based company set up by overseas Indians and no one shareholder is in control of IIHL.

A copy of this letter is being hosted on the Bank s website at www.indusind.com

We request you to take the above information on record.

Total size =375K