Sub: Allotment of shares under the Company's Employee Stock Option Scheme Ref: IndusInd Bank Limited This is to inform that the company has allotted 28,850 (Two Thousand Three Hundred) equity shares of Rs.10/- (Rupees Ten Only) each on November 21, 2019 to those grantees who had exercised their option under the Company's Employee Stock Option Scheme. The said shares will rank pari-passu with the existing shares of the Company in all respect. Please take the above on record and upload this announcement on the website of the Exchange.