Bandhan Bank Limited has announced a senior management change with the resignation of Mr. Vishal Wadhwa, Head – Emerging Entrepreneurs Business. The disclosure was made on April 01, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Vishal Wadhwa submitted his resignation letter on April 01, 2026, citing better career prospects as the primary reason for his departure. The resignation follows the bank's standard policies and procedures for senior management transitions.

Transition Period

During the notice period, Mr. Wadhwa will continue to discharge his responsibilities as Head – Emerging Entrepreneurs Business in accordance with the bank's policies. This ensures a smooth transition and continuity of operations within the department. The 90-day notice period provides adequate time for the bank to manage the transition and identify suitable succession plans.

Regulatory Compliance

The announcement demonstrates Bandhan Bank's commitment to maintaining transparency with stakeholders and regulatory compliance. The disclosure was made simultaneously to both major stock exchanges where the bank is listed:

• BSE Limited (Scrip Code: 541153)
• National Stock Exchange of India Limited (Symbol: BANDHANBNK)

The information has also been uploaded on the bank's official website at www.bandhan.bank.in , ensuring comprehensive dissemination to all stakeholders.

Employee Acknowledgment

In his resignation letter, Mr. Wadhwa expressed gratitude toward the Bandhan Bank management, including the Managing Director, Executive Directors, colleagues, and team members for their support during his tenure. He acknowledged the enriched experience and enhanced learnings gained during his stint with the organization, while wishing continued success to Bandhan Bank and its culture of oneness.

Bandhan Bank Limited has announced the formal appointment of Mr. Debashish Mukherjee as Independent Director, effective March 25, 2026, following receipt of approval from the Ministry of Finance. The appointment represents the culmination of a process that began with the Board of Directors' approval in February 2026.

Appointment Details and Structure

The bank has disclosed that Mr. Mukherjee holds two distinct positions within the organization's governance framework:

Regulatory Approval Process

The appointment required Ministry of Finance approval due to specific regulatory circumstances. The bank had previously informed stakeholders through a letter dated February 12, 2026, that the Board of Directors had approved Mr. Mukherjee's appointment based on recommendations from the Nomination and Remuneration Committee. However, the appointment was subject to Ministry of Finance approval since it fell within the cooling-off period of one year from his retirement from Canara Bank.

Director Qualifications and Independence

Bandhan Bank has confirmed that Mr. Mukherjee meets all regulatory requirements for the independent director position. The bank specifically disclosed that:

• He is not related to any other directors of the bank
• He is not debarred or disqualified from holding directorial office by the Securities and Exchange Board of India or any other regulatory authority
• His appointment aligns with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015

Corporate Governance Framework

The appointment strengthens Bandhan Bank's board composition and governance structure. As an Independent Director serving a three-year term, Mr. Mukherjee will contribute to the bank's strategic oversight and regulatory compliance. The position requires shareholder approval within three months, following standard corporate governance protocols for independent director appointments.

The disclosure has been made available on the bank's official website at www.bandhan.bank.in , ensuring transparency and compliance with listing requirements. This appointment reflects the bank's commitment to maintaining robust governance standards and regulatory compliance in its board composition.