Bandhan Bank Limited has completed the allotment of 909 equity shares under its Employee Stock Option Plan Series 1 (ESOP Series 1), following approval from the Nomination and Remuneration Committee on March 16, 2026. The shares were allocated to eligible employees who exercised their vested options under the scheme.

Share Allotment Details

The allotted equity shares carry a face value of Rs. 10/- each and are fully paid-up. These shares were issued to eligible employees of the bank upon exercise of their vested options under the ESOP Series 1 framework.

Impact on Share Capital

The allotment has resulted in an increase in the bank's issued and paid-up equity share capital. The capital structure shows a modest expansion following the ESOP exercise.

Share Rights and Ranking

The newly allotted equity shares under the ESOP Series 1 will rank pari passu with the existing equity shares of the bank in all respects, including dividend rights. This ensures that the ESOP beneficiaries receive equal treatment as existing shareholders for all corporate benefits and distributions.

Regulatory Compliance

The bank has informed both BSE Limited and the National Stock Exchange of India Limited about this allotment, maintaining transparency with stock exchanges. The information has also been simultaneously uploaded on the bank's official website at www.bandhan.bank.in , ensuring comprehensive disclosure to all stakeholders.

Bandhan Bank has issued a formal clarification to stock exchanges following media reports about potential promoter stake sales and investor exits. The bank's stock declined significantly, prompting regulatory queries from both BSE and NSE.

Stock Market Impact

The bank's shares experienced substantial volatility following media speculation. Key market movements included:

Formal Exchange Communication

Bandhan Bank submitted a detailed response to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI LODR. The bank addressed specific queries raised by the exchanges regarding the media reports published on Moneycontrol.

Bank's Official Position

The bank categorically stated its position on the reported developments:

Regulatory Compliance Statement

The bank emphasized its commitment to regulatory compliance, stating it has furnished all necessary information to exchanges as required under SEBI LODR provisions. The management attributed the stock price movement to market conditions rather than any undisclosed material information.

Previous Clarifications Referenced

The current clarification references an earlier communication dated March 09, 2026, indicating this is not the first instance where the bank has addressed similar speculation. The bank maintains that the price movement is purely market-driven and beyond its control.

The formal clarification has been simultaneously uploaded to the bank's official website, ensuring transparency with all stakeholders including investors, customers, and regulatory authorities.