Bandhan Bank approves trading plans for Gupta and Jha to sell shares
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The trading plans will not be implemented if any Unpublished Price Sensitive Information (UPSI) in the possession of the designated persons at the time of formulation has not become generally available by the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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































