Induslnd Bank : Appointment of Director - March 15, 2019

Induslnd Bank

March 15,20i9

l'hc Asst. Vicc Presidenl Listing Department

The Dcputy ()encral Manager Corporatc Itclationship Dcpt.

National Stock Ilxchangc of India l,td. Exchangc Plaza, 5rr' Irloor

tlsI' Ltd.

Plot No.C/l, G Block Bandra-Kurla Complex

1't Floor, Ncw 'l rading Ring Rolunda Building, P. J. Towers Dalal Street, Fort

Bandra (East), Mumbai 400 051

Mumbai - 400 001

NSll, Symbol: INDUSINDBK

llStr) Scrip Code: 5321ti7

Madam / Dcar Sir,

Sub: Appointmcnt of Dircctor

we hercby inform that the Board of Directors of our Bank have approved on March 15,

2019'the appointment of Mr. I{ajiv Agarwal, DIN: 003364g1as .Addiiional Board of the Bank.

I)irector' in rhc

Brief Profile of Mr. Rajiv Agarwal is forwarded with this leuer.

V".I-rgjt 4glr*4

I{cason for Changc

Appoinlmcnt Additional Director in the catcgory 'Non- llxeculive Independent'

Mqq! ls.20Je

Disclosurc of rclationship None between Directors inler-sc

Ilncloscd as Annexurc - 1

This disclosure is being made pursuant to I{cgulalion 30 of SIIBI (Listing obligations and Disclosure Requirements) I{egulations, 2015.

A copy of the samo shall be uploadcd on thc Bzrnk's wcbsite atwww.indusind.com

Yours faithfully, l'or Induslnd llank Limitcd,

Ilaresh G

Company

lnduslnd Bank Limited, Building No. T, Soliti

LnaKara, AndheriE. Mumbai- 4oo oe3, hdi::f:FiJ#ji:"#'Iff**i-Ghatkopar Link Road,

Re9i.t€_red_Offic€: 240I 6en. Thimmayya Road, pune 4l .l OOt, India 5,i;t-tljl;,K,:r'r%l:;' a2o) 2rl.a 3ii1 vrsit us atwww.induslnliom

Annexure - I

Name

DIN

Date of Birth Age

Date of first Appointment on the Board ofthe Ilank Qualifications

Mr. Rajiv Agarwal 00336487

Ianuary 4, L957 62 ycars March 15,2019

Bachelor of Science in Physics lrom Fergusson College, pune, India followed by 2 years course in Materials Science rn Cranfield Institute of Tcchnolosv in the UK.

Brief Resume expericnce.

Mr. I{ajiv Agzrwal has around 38 ycars of cxpericncc ln .Smail Scalc Industries' scgment.

Mr. Agarwal had startcd his career in the family business at JG Vacuum Flasks Pl.t Ltd. manufacturcrs of thermos flasks and vacuum rcfills, with significant cxports to liurope.

During his career, Mr Agarwal has bccn a promotor in several small-scalc venturcs, primarily manufacturing concems.

Mr Agarwal is prescntly working as a I)ircctor in Rightsource 'fechnologies Pvt. Ltd. and Autopress India pvt Ltd. He is also a partncr in Sensory Solutions

Righlsource 'fcchnologies Pl.t Ltd is a Consulting Company working as a local strategic buying office for large international company manufacluring home and kitchen appliances and cookware.

Sensory Solutions is a firm in partnership with his sons. The activity is to conduct lraining programs with corporate as well as individual customcrs.

Autopress India Pvt. Ltd., a manufacturing company making high cnd cookwarc. Autopress was onc ofthe first companies to bring thc Indian markct "'l'riply" cookware ,,made in India,, under thc brand name of STAHL. This brand. in a short neriod of 5 years, has pan India prescnce. S'I'AIIL is there in about 1400 1op retail counters across India. SIAHL has also brought to the market thc first 'l'riply Pressure Cooker to the market in India.

In tcrms of the provisions of Seotion t0A(2(a) of the Bankrng i{egulalion Act, 1949, Mr. I{ajiv AgzLrwal's appointment represenls special knowledge in 'Small Scale Industry'.

Nature of his Expertise in Specilic Functional areas

No. of Equity Shares hcld in the Ilank as on March 15,2019.

Relationship between

Direclors rnter-sc, Managers and Other Kcy Managerial Personnel of the Bank.

apporntment / rc-appointment / retiring by rotation.

Ii.emuneration sought to be paid.

Kf iffi W

Nil

None

Iloard of l)irectors, from time to

Sitting I;ocs and Commission as approvcd by thc Board-