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Board of IndusInd Bank to consider fund raising options

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Capital Market

At meeting held on 23 July 2021

The Board of IndusInd Bank at its meeting held on 23 July 2021 inter alia to consider the proposal of raising funds through debt securities or equity instruments or convertible debt securities in any permitted mode such as through Qualified Institutions Placement (QIP) / American Depository Receipts (ADRs) / Global Depository Receipts (GDRs) program, or combinations on a private placement basis thereof as may be decided, subject to approval of the Shareholders of the Bank and receipt of other governmental/ regulatory / statutory approvals, as applicable.

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First Published: Jul 19 2021 | 7:25 PM IST

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