Corporate Announcement
Security Code : 532187    Company : INDUSINDBK    
 
Announcement under Regulation 30 (LODR)-Scheme of ArrangementDownload PDF Download XBRL
  Exchange Received Time  16/08/2018 17:18:21         Exchange Disseminated Time   16/08/2018 17:18:29              Time Taken   00:00:08
Ref: (1) Scheme of arrangement amongst IndusInd Bank Limited ('IBL'), Bharat Financial Inclusion Limited (formerly known as 'SKS Microfinance Limited') ('BFIL'), the wholly owned subsidiary of IndusInd Bank Limited ('WOS') and their respective shareholders and creditors ('Scheme');
(2) Clarifications/ documents sought by the BSE Limited ('BSE') on April 20, 2018, and the response submitted by IBL to the BSE; and
(3) No-objection issued by the BSE dated June 4, 2018, bearing reference number DCS/ AMAL/ SD/ R37/ 1155/ 2018-19.

Subject: (1) Details in relation to the WOS incorporated for the purposes of the Scheme; and
(2)Book value of the Transferred Undertaking (as defined in the Scheme) as on the appointed date of the Scheme i.e. January 1, 2018.
 

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