Our Bank has received letter dated January 12, 2021 from IndusInd International Holdings Limited and IndusInd Limited, the Promoters, stating that they are fully committed to making payment to the Bank of the balance amount due on the Warrants, on or before February 18, 2021, the extended due date, given their confidence in the Management and the strength of Bank.
Copy of the letter received from the Promoters is annexed.
A copy of this letter is being uploaded on the website of the Bank at www.indusind.com.
Kindly take the above on record.