Indusind Bank has informed that in respect of the issue of equity shares of face value of Rs. 10 each of the company (Equity Shares), to Qualified. Institutional Buyers 'QIBs') under a Qualified Institutions Placement in terms of Chapter VIII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations. 2009, as amended, the finance committee of the board of directors has approved the allotment of 5,21,00,000 equity shares at a price of Rs. 384.00 per equity share (including a premium of Rs. 374.00 per equity share) on December 05, 201.2, aggregating to Rs. 20,006.34 million to QIBs.
The above information is a part of company’s filings submitted to BSE.
