Bandhan Bank approves trading plans for Gupta and Jha to sell shares

1 min read     Updated on 17 Jul 2026, 07:33 PM
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Anirudha BScanX News Team
AI Summary

Bandhan Bank approved trading plans for designated persons Pankaj Kumar Gupta and Manohar Kumar Jha to sell a combined 6,885 equity shares between November 19 and 25, 2026. The plans, approved by Compliance Officer Indranil Banerjee on July 17, 2026, set a price limit of 214 and are irrevocable under SEBI PIT Regulations.

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Bandhan Bank has approved trading plans for two designated persons, Pankaj Kumar Gupta and Manohar Kumar Jha, to sell a combined total of 6,885 equity shares. The sales are scheduled to occur between November 19 and November 25, 2026, on the market at a price limit of 214. These disclosures were made in accordance with Regulation 5(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The trading plans were approved on July 17, 2026, by the Bank's Compliance Officer under the PIT Code. The plans are irrevocable, and the designated persons must mandatorily implement the trades contemplated within the specified period without deviation, except as permitted under the PIT Regulations. Indranil Banerjee, the Company Secretary & Compliance Officer, authorized the disclosures.

Trading Plan Details

The following table outlines the specifics of the approved trading plans:

Name of Designated Person Period of Trading Nature of Transaction No. of Securities to be traded Value of trades to be effected Price Limit Mode of proposed trade
Pankaj Kumar Gupta 19.11.2026 to 25.11.2026 Sell 4,068 - 214 On market
Manohar Kumar Jha 19.11.2026 to 25.11.2026 Sell 2,817 NA 214 On market

Regulatory Compliance

Gupta and Jha have undertaken to comply with all obligations under the PIT Code and PIT Regulations. They confirmed that they are not in violation of these regulations while formulating the trading plans. Additionally, the designated persons and their immediate relatives will not trade in the securities of the Bank during the cool-off period of 120 calendar days from the date of public disclosure of the approved trading plans.

The trading plans will not be implemented if any Unpublished Price Sensitive Information (UPSI) in the possession of the designated persons at the time of formulation has not become generally available by the commencement of the plan's implementation. The Compliance Officer may require further information or declarations regarding these plans as needed.

Historical Stock Returns for Bandhan Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+6.70%-1.61%+47.23%+16.10%-31.02%

What factors influenced the decision to set the price limit at 214 for these trades?

How might the market react to the sale of these shares by designated insiders?

Could this indicate a broader trend of insider divestment at Bandhan Bank?

Bandhan Bank promoter holds zero shares in FY26

1 min read     Updated on 08 Jul 2026, 06:49 AM
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AI Summary

Bandhan Life Insurance Limited, part of the promoter group of Bandhan Bank Limited, confirmed it holds no shares in the bank as of 31 March 2026. The disclosure under SEBI Takeover Regulations confirms no acquisition, disposal, or encumbrance of shares occurred during the financial year.

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Bandhan Life Insurance Limited, a member of the promoter group of bandhan bank , has confirmed it holds zero shares in the bank. The disclosure, submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, covers the financial status of shareholdings as of 31 March 2026.

The filing explicitly states that Bandhan Life Insurance Limited did not undertake any acquisition or disposal of shares of Bandhan Bank Limited during the financial year ended 31 March 2026. Consequently, the company confirmed that no encumbrance was created on any shares of the target company throughout this period.

The confirmation was communicated to BSE Limited and The National Stock Exchange of India Limited by Shilpa Srivastava, Company Secretary of Bandhan Life Insurance Limited. The disclosure was made to comply with regulatory requirements regarding substantial acquisition of shares and takeovers.

Entity Relationship Shareholding Status Transactions in FY26 Encumbrance Created
Bandhan Life Insurance Limited Promoter Group Nil shares None None

Bandhan Life Insurance Limited is registered with the IRDAI and operates from its registered office in Mumbai. The confirmation was signed on April 10, 2026, and addressed to the stock exchanges to be placed on record.

Historical Stock Returns for Bandhan Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+6.70%-1.61%+47.23%+16.10%-31.02%

What strategic implications does the zero shareholding have for the future stability of Bandhan Bank's promoter group structure?

Could this divestment signal a potential shift in ownership or the entry of new investors for Bandhan Bank?

How might this separation affect the cross-selling opportunities between Bandhan Bank and Bandhan Life Insurance going forward?

More News on Bandhan Bank

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