IndusInd Bank Denied Speculation on $1 Billion Capital Raising Plan

On Friday, November 21, IndusInd Bank shares rose 3%, reaching a day high of 855.60 at 2:10 PM, following the lender’s clarification refuting speculation about a possible capital raise.

The bank labelled the circulating claims as “speculative and factually incorrect,” emphasising that no discussions regarding such plans have taken place. Its statement came in response to media reports alleging that the bank had initiated preliminary steps for a $1-billion equity infusion and was considering avenues such as a QIP or preferential allotment. IndusInd Bank has firmly denied these reports.

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Statement by IndusInd Bank

IndusInd Bank said in an exchange filing, “ This is with reference to recent news items which appeared on November 21, 2025 in www.economictimes.com captioned as “IndusInd Bank Mulls QIP Route to Raise Confidence Capital” and in www.moneycontrol.com captioned as “IndusInd Bank said to have kick started $1 billion equity raise plans”.

We had denied the aforesaid news and wish to reiterate that any such news regarding capital raising are speculative and factually inaccurate. We categorically deny having any such discussions as reported in aforesaid media reports. We are conscious of our disclosure obligations under Regulation 30 of the Listing Regulations and shall continue to comply with the same”

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