NSEGeneral Updates9 Sept 2026 · 9 Sept 2026, 07:50 pm
General Updates
Indian Bank · INDIANB
✦ AI SummaryDivestiture
Indian Bank is proposing to divest up to 15,00,000 equity shares, constituting 17.91% of the shares held by the bank in National Stock Exchange of India Limited (NSE), through an Offer for Sale in the proposed IPO of NSE.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015- Sale of Shares of NSE held by Indian Bank in the proposed IPO of NSE through Offer for Sale
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INDIANB_09092026195009_SE_Offer_Sale_NSEShares.pdf
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INVESTOR SERVICES CELL
Ref. No.: ISC/230/2026-27 Date: 09.09.2026
The Vice President The Vice President
National Stock Exchange of India Ltd. BSE Ltd.
Exchange Plaza, Bandra - Kurla Complex 25, P. J. Towers
Bandra East, Mumbai - 400 051 Dalal Street, Mumbai - 400001
NSE Symbol : INDIANB BSE Scrip Code - 532814
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 of the SEBI (LODR) Regulations,
2015- Sale of Shares of NSE held by Indian Bank in the proposed IPO
of NSE through Offer for Sale
In terms of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015,
we have to inform you that our Bank is proposing to divest upto 15,00,000 equity
shares, constituting 17.91% of the shares held by our Bank in National Stock
Exchange of India Limited (NSE), by way of Offer for Sale in proposed Initial Public
Offering (IPO) of NSE, subject to requisite regulatory approvals.
The details are attached as Annexure.
This is for your information, record and dissemination please.
Yours faithfully,
For Indian Bank
AGM & Company Secretary
Encl: A/a
Corporate Office: 254-260, Avvai Shanmugam Salai, Royapettah, Chennai – 600 014
फोि Phone: 044-2813 4484/4698, ई-मेल Email: investors@indianbank.bank.in
Annexure
Sl. No. Particulars Details
(a) The amount and percentage of the
turnover or revenue or income and net Dividend received from NSE for FY
worth contributed by such unit or 2025-26 was ₹ 29,31,25,000
division or undertaking or subsidiary
or associate company of the listed
entity during the last financial year
(b) Date on which the agreement for sale As part of the Offer for Sale process
has been entered into the consent letter has been executed
on 09th September 2026.
(c) The expected date of completion of End of September 2026 (indicative)
sale/disposal
(d) Consideration received from such will be received post Offer for Sale
sale/disposal process.
(e) Brief details of buyers and whether Bank is tendering equity shares of
any of the buyers belong to the NSE in the Offer for Sale in the
promoter/ promoter group/group proposed NSE IPO.
companies. If yes, details thereof
(f) Whether the transaction would fall
within related party transactions? If No
yes, whether the same is done at
"arm's length’
(g) Whether the sale, lease or disposal
of the undertaking is outside Scheme No
of Arrangement? If yes, details of the
same including compliance with
regulation 37A of LODR Regulations
(h) Additionally, in case of a slump sale,
indicative disclosures provided for Not Applicable
amalgamation/merger, shall be
disclosed by the listed entity with
respect to such slump sale
For Indian Bank
AGM & Company Secretary