IndusInd Bank promoters to retain stake at 15% post QIP
IndusInd Bank on Thursday approved a preferential equity issue of up to 1.5 per cent to its promoters IIHL to ensure their holding does not fall below 15 per cent, after an upcoming institutional placement of shares, in which it is planning to raise Rs 4,800 crore.
Jun 11, 2015, 22:07 PM IST