IndusInd Bank director cessation took effect on August 9, 2026, as Mrs. Akila Krishnakumar completed her tenure as a non-executive independent director, the private-sector lender said in a BSE filing dated Sunday.

The bank informed BSE Limited, the National Stock Exchange of India Limited and the Luxembourg Stock Exchange about the change in its directorate. Its shares are listed on BSE under scrip code 532187 and on NSE under the symbol INDUSINDBK.

IndusInd Bank specified that the cessation followed the completion of Krishnakumar's tenure. The disclosure did not describe the change as a resignation, removal or fresh board appointment.

Board records appreciation for Akila Krishnakumar

The Board of Directors placed on record its appreciation and gratitude for the contribution made by Mrs. Akila Krishnakumar during her tenure with the bank. Her Director Identification Number is 06629992.

In the annexure accompanying the filing, IndusInd Bank reported the following verified particulars:

  • The reason for the change was cessation upon completion of her tenure.
  • The effective date of cessation was August 9, 2026.
  • A brief profile was marked not applicable because the disclosure did not concern an appointment.
  • Disclosure of relationships between directors was also marked not applicable.

No successor or additional appointment was named in the filing. The exchange communication was signed for IndusInd Bank by Company Secretary Anand Kumar Das.

Disclosure made under SEBI listing rules

The bank submitted the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also referred to the applicable SEBI Master Circular dated January 30, 2026, while providing the prescribed details in an annexure.

IndusInd Bank said the intimation was also being uploaded to its website. The filing identifies the bank's registered office at 2401 Gen. Thimmayya Road, Pune, and its Solitaire Corporate Park office in Chakala, Andheri East, Mumbai.

The disclosure is limited to the completion of the independent director's tenure and the resulting change in the bank's board composition. It does not contain financial figures, business projections or details of another director joining the board.

Source: BSE corporate announcement.