Bharat Financial Inclusion has allotted 15,198 equity shares of Rs.10/- each to the employees of the Company who have exercised options under various Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

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Induslnd Bank and Bharat Financial Inclusion have fixed 04 July 2019 as record date for scheme of arrangement among Bharat Financial Inclusion, IndusInd Bank and Induslnd Financial Inclusion.

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Bharat Financial Inclusion on 14 June 2019 assigned a pool of receivables of an aggregate value of Rs. 1,545.93 crore to one of the largest private sector banks on a direct assignment basis as per the guidelines prescribed by the Reserve Bank of India. This is the second Direct Assignment transaction in FY20.

With this transaction, the Company has completed Direct Assignment transactions worth Rs. 2,653.33 crore in FY20.

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Bharat Financial Inclusion has allotted 8,976 equity shares of Rs.10/- each to the employees of the Company who have exercised options under various Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

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