INDUSIND BANK LTD. - 532187 - Grant Of Options
In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform that the Bank has on July 12, 2019, pursuant to the Composite Scheme of Arrangement amongst Bharat Financial Inclusion Limited ('BFIL'), the Bank and IndusInd Financial Inclusion Limited ('IFIL'), a wholly-owned subsidiary of the Bank and their respective Shareholders and Creditors ('the Scheme') sanctioned by Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT'), approved issuance of 1) 30,01,266 Stock Options of the Bank to the employees of BFIL and 2) 22,86,540 IBL Special Incentive Stock Options. The information is being hosted on the Bank''s website at www.indusind.com. We request you to take the above information on record.16-07-2019