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Indusind Bank informs about disclosure

11 Aug 2020 Evaluate

With reference to letter dated August 8, 2020 intimating the acquisition of Equity Shares of Eveready Industries India and McLeod Russel India by the Bank pursuant to Invocation of Pledge of Shares, Indusind Bank has informed that the Bank has yesterday, August 10, 2020 sold the following Equity Shares: 32,71,608 Equity Shares of Eveready Industries India and 55,00,000 Equity Shares of McLeod Russel India. After the aforesaid sale of shares, the Bank as on date holds: 24,11,712 Equity Shares comprising 3.32% of Paid-Up Equity Capital of Eveready Industries India; and 23,32,253 Equity Shares comprising 2.23% of Paid-Up Equity Capital of McLeod Russel India.

The above information is a part of company’s filings submitted to BSE.


Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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