Composite Scheme of Arrangement among IndusInd Bank Limited ('Bank'), Bharat Financial Inclusion Limited, IndusInd Financial Inclusion Limited and their respective shareholders and creditors before the Hon'ble National Company Law Tribunal, Mumbai ('Hon'ble NCLT') We refer to our letter dated August 16, 2018, in relation to the Composite Scheme of Arrangement between the Bank, Bharat Financial Inclusion Limited and IndusInd Financial Inclusion Limited and their respective shareholders and creditors ('Scheme'). In furtherance of the aforesaid letter, we would like to inform you that the Scheme has been filed today by the Bank with the Hon'ble NCLT vide a Company Scheme Application, to seek requisite directions under Sections 230 - 232 of the Companies Act, 2013. Newspaper advertisement of the National Company Law Tribunal Convened Meeting of the Equity Shareholders of IndusInd Bank Limited ('Bank') in connection with the Scheme of Arrangement amongst Bharat Financial Inclusion Limited, the Bank and IndusInd Financial Inclusion Limited under Sections 230 to 232 of the Companies Act, 2013 ('Scheme') (As Per BSE Announcement Dated On 07/11/2018) This is with reference to our letter dated November 1, 2018, wherein it was informed that the National Company Law Tribunal, Mumbai ('NCLT') vide its order dated October 31, 2018 ('Order'), received by the Bank on November 1, 2018, in the Company Scheme Application no. 921 of 2018, had dispensed with the meeting of the unsecured creditors of the Bank. Further, it was informed that and the NCLT had directed the Bank to issue notice to the relevant unsecured creditors, in terms of the Order. Accordingly, notice to the unsecured creditors of the Bank is attached herewith and is also available on the Bank's website at www.indusind.com (As Per BSE Announcement Dated on 20.11.2018) Publication in Newspaper of date fixed for hearing of the Scheme of Arrangement. We are pleased to inform that Hon'ble NCLT Mumbai Bench - 1 ('NCLT'), on Thursday, March 14, 2019 admitted Company Scheme Petition (CSP) No. 4648 of 2018 connected with Company Scheme Application No. 921, 922 and 923 of 2018 in the matter of Composite Scheme of Arrangement amongst Bharat Financial Inclusion Limited, IndusInd Bank Limited ('Bank') and Bank's wholly-owned subsidiary IndusInd Financial Inclusion Limited and their respective shareholders and creditors. The NCLT has fixed the date for hearing on Friday, March 29, 2019. The Joint Notice intimating the date fixed for hearing i.e., March 29, 2019 of the CSP No. 4648 of 2018 has been published in English language in The Indian Express Pan-India, The New Indian Express and Times of India (Southern Region) and in Marathi language in Loksatta, (Maharashtra region) on Saturday, March 16, 2019. (As Per BSE Announcement Dated On 16/03/2019) (1) Composite scheme of arrangement among Bharat Financial Inclusion Limited ('Company'), IndusInd Bank Limited, IndusInd Financial Inclusion Limited and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. (2) Receipt of certified true copy of the order of National Company Law Tribunal, Mumbai Bench ('Hon'ble NCLT'). (3) Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is in furtherance of our letter dated June 10, 2019 wherein we had intimated that the composite scheme of arrangement among the Company, IndusInd Bank Limited, IndusInd Financial Inclusion Limited and their respective shareholders and creditors ('Scheme') had been approved by the Hon'ble NCLT on June 10, 2019. This is in furtherance of our letter dated June 11, 2019 wherein we had intimated that the composite scheme of arrangement among Bharat Financial Inclusion Limited, the Bank, IndusInd Financial Inclusion Limited and their respective shareholders and creditors ('Scheme') had been approved by the Hon'ble NCLT on June 10, 2019. We are pleased to inform you that the Bank has received the certified true copy of the order passed by the Hon'ble NCLT sanctioning the Scheme today i.e., on June 13, 2019. The certified true copy of the order is attached for your records. (As Per BSE Announcement Dated On 13/06/2019) 1.This is in furtherance of our letters dated June 10, 2019 and June 13, 2019, wherein we had intimated that the composite scheme of arrangement among the Bank, BFIL, IFIL and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Scheme') has been approved by the National Company Law Tribunal, Mumbai Bench ('Hon'ble NCLT') vide its order dated June 10, 2019 ('NCLT Order'). 2.We are pleased to inform you that the meeting of the Board of Directors of BFIL ('Board') was duly convened today, i.e. on June 19, 2019 and the Board inter alia considered and noted the NCLT Order and fixed Thursday, July 4, 2019 as the Effective Date of the Scheme, on which date the NCLT Order will be filed by the Bank, BFIL and IFIL with the jurisdictional Registrar of Companies. The Board at its meeting held today, took on record the Certified Copy of NCLT Order pronounced on June 10, 2019 that was received on June 13, 2019 approving Scheme of Arrangement amongst BFIL, the Bank and IFIL. (As Per BSE Announcement Dated 19.06.2019) This is in furtherance of our letter dated June 19, 2019, wherein we had intimated that the Board of Directors of BFIL ('Board') at its meeting convened on June 19, 2019 inter alia considered and noted the order dated June 10, 2019 ('NCLT Order') vide which the Hon''ble National Company Law Tribunal, Mumbai Bench sanctioned the Scheme and fixed Thursday, July 4, 20 I 9 as the Effective Date of the Scheme, on which date the NCLT Order will be filed by the Bank, BFIL and lFIL with the jurisdictional Registrar of Companies. 2. In accordance with Regulation 42(l)(e) of the SEBI LODR Regulations, we would like to inform you that the Board of BFIL, at its meeting held on June 19, 2019, has also fixed Thursday, July 4, 2019 as the Record Date, following the effectiveness of the Scheme, for the purposes of determining the shareholders of BFIL who shall be entitled to receive shares of the Bank, as consideration pursuant to the Scheme. (As Per BSE Announcement Dated On 20/06/2019) Composite Scheme of Arrangement among Bharat Financial Inclusion Limited ('BFIL'), IndusInd Bank Limited ('Bank'), IndusInd Financial Inclusion Limited ('IFIL') and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. Effectiveness of the Scheme. Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 1. This is in furtherance of our letter dated June 19, 2019 and June 20, 2019, wherein we had intimated that pursuant to the meeting of the Board on June 19, 2019: (i) the Board inter alia considered and noted the order dated June 10, 2019, passed by the National Company Law Tribunal, Mumbai, sanctioning the Scheme ('NCLT Order') and fixed Thursday, July 4, 2019 as the Effective Date of the Scheme, on which date the Bank, BFIL and IFIL proposed to file the NCLT Order with the jurisdictional Registrar of Companies; Effectiveness of the Composite Scheme of Arrangement among Bharat Financial Inclusion Limited ('BFIL'), IndusInd Bank Limited ('Bank'), IndusInd Financial Inclusion Limited ('IFIL') and their respective Shareholders and Creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. (As Per BSE Announcement Dated on 04/07/2019) Outcome of the 28th meeting of the Finance Committee of the Board of IndusInd Bank Ltd., under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Allotment of 1,57,70,985 fully paid-up Equity Shares of Rs.1,709/- each, of IndusInd Bank Limited, upon conversion of the equivalent number of Share Warrants. (As per BSE Announcement Dated on 18/2/2021)