Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indusind Bank has informed that a penalty of Rs 94,14,172 has been imposed on the Bank by Joint Commissioner of State Tax Department, Rajasthan for various GST issues. The Bank will explore filing of appeal against the order. The details as required to be provided as per sub-para 20 of Para A of Part A of Schedule III of SEBI Listing Regulations is as enclosed.
The above information is a part of company’s filings submitted to BSE.