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Indusind Bank Ltd · 532187
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Indusind Bank Ltd has appointed Ms. Mini Ipe as a Non-Executive Independent Director on its Board for a period of four years, subject to shareholder approval.
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Indusind Bank Ltd - 532187 - Announcement under Regulation 30 (LODR)-Change in Directorate
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August 3, 2026
National Stock Exchange of India Limited (Symbol: INDUSINDBK)
BSE Limited (Scrip Code: 532187)
Luxembourg Stock Exchange
Madam / Dear Sir,
Sub.: Appointment of Non-Executive Independent Director
Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
This is to inform that the Board of Directors (“Board”) of IndusInd Bank Limited (“Bank”), at its meeting
held today i.e. August 3, 2026, has considered and approved the Appointment of Ms. Mini Ipe (DIN:
07791184) as Additional Director in the category of Non-Executive Independent Director on the Board of
the Bank for a period of four (4) consecutive years from August 3, 2026 up to August 2, 2030, both days
inclusive, in terms of the Companies Act, 2013, subject to approval of the shareholders of the Bank.
The Board Meeting commenced at 2.34 p.m. (IST) and concluded at 6.15 p.m. (IST).
The details of Ms. Mini Ipe as required under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure I.
Ms. Mini Ipe is not debarred from holding the office of a Director, by virtue of any order passed by SEBI or
any other such authority.
This information is also being hosted on the Bank’s website at www.indusind.bank.in.
We request you to take the above information on record.
Thanking you,
Yours faithfully,
For IndusInd Bank Limited
Anand Kumar Das
Company Secretary
Encl.: as above
Solitaire Corporate Park Office: IndusInd Bank Limited, Building No.7, Ground floor, Solitaire Corporate
Park, Andheri –Ghatkopar Link Road, Chakala Andheri (E), Mumbai – 400 093, India, Tel: (022) 66412442
Registered Office: 2401 Gen. Thimmayya Road, Pune 411001, India
Contact us:(020) 2634 3201| Email us: reachus@indusind.com | Visit us:www.indusindbank.in
CIN: L65191PN1994PLC076333
Page 1 of 2
Annexure I
Disclosure of information pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026
Particulars Ms. Mini Ipe (DIN: 07791184)
Reason for change viz. appointment, Appointment
resignation, removal, death or otherwise
Date of appointment/cessation and August 3, 2026
Terms of appointment For a period of four consecutive years from August 3,
2026 up to August 2, 2030, both days inclusive, in
terms of the Companies Act, 2013, subject to approval
of the shareholders of the Bank.
Brief Profile Ms. Mini Ipe, Ex. Managing Director, Life Insurance
Corporation of India (LIC), has rich and diverse
experience of over 37 years in the insurance sector.
She has worked in various capacities and handled
important assignments with distinction. Her areas of
experience include investments, claims, personnel,
pension and group schemes (P&GS), finance and
accounts, policy service, and regulatory compliance.
She served as Zonal Manager In Charge of the South
Central Zone, Hyderabad, and holds the distinction of
being the first Lady Zonal Manager (In Charge) of LIC.
She was recognized as one of “India's Top 100 Women
in Finance” in the year 2000 by the Association of
International Wealth Management of India.
She serves on the Boards of PTC India Limited and
PTC Financial Services Limited.
She had served on the Board of Axis Bank Limited.
Ms. Mini Ipe holds a master’s degree in commerce and
has distinguished experience at Life Insurance
Corporation of India across multiple leadership roles,
including Chief Executive and Board-level positions.
Disclosure of relationship between None
Directors inter se
Solitaire Corporate Park Office: IndusInd Bank Limited, Building No.7, Ground floor, Solitaire Corporate
Park, Andheri –Ghatkopar Link Road, Chakala Andheri (E), Mumbai – 400 093, India, Tel: (022) 66412442
Registered Office: 2401 Gen. Thimmayya Road, Pune 411001, India
Contact us:(020) 2634 3201| Email us: reachus@indusind.com | Visit us:www.indusindbank.in
CIN: L65191PN1994PLC076333
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