IndusInd Bank Limited has announced the resignation of Mr. Shiv Bhasin from his position as Chief Transformation Officer and Senior Management Personnel. Mr. Bhasin submitted his resignation via email on December 17, 2025, citing his desire to pursue opportunities outside the bank. His cessation from the role will be effective from the close of business hours on January 16, 2026. Mr. Bhasin expressed gratitude to the Board, Management Committee, and colleagues for their support during his tenure, highlighting the foundations laid in transformation initiatives, data and technology modernization, governance, and operating effectiveness. He assured a smooth transition of responsibilities during his notice period. The bank has also stated that this disclosure is being hosted on its website, www.indusind.bank.in, in compliance with SEBI Listing Regulations. The announcement was made to the National Stock Exchange of India Limited and BSE Limited.