Bandhan Bank has approved a trading plan for Manohar Kumar Jha, a designated person, to sell 2,817 equity shares. The sale is scheduled to occur between November 19 and November 25, 2026, on the market at a price limit of 214. This disclosure was made in accordance with Regulation 5(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The trading plan was approved on July 17, 2026, by the Bank's Compliance Officer under the PIT Code. The plan is irrevocable, and the designated person 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 plan:

Regulatory Compliance

Jha has undertaken to comply with all obligations under the PIT Code and PIT Regulations. He confirmed that he is not in violation of these regulations while formulating the trading plan. Additionally, the designated person and his 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 plan.

The trading plan will not be implemented if any Unpublished Price Sensitive Information (UPSI) in the possession of the designated person at the time of formulation has not become generally available by the commencement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 this plan as needed.

Bandhan Bank granted 8,300 equity stock options to eligible employees under its Bandhan Bank Employee Stock Option Plan Series 1. The options carry a face value of Rs. 10 each and were granted at a price of Rs. 214.42 per option. The grant was approved by the bank's Nomination and Remuneration Committee on July 17, 2026.

The options were priced based on the closing price on the National Stock Exchange of India Limited on July 16, 2026, the trading day preceding the grant. Each option entitles the holder to one equity share. The scheme is compliant with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The vesting schedule is structured over four years, with 25% of the options vesting annually from the date of grant. Once vested, the options can be exercised within a maximum period of five years from the date of respective vesting.

Key Details of the Grant

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank's website will host the detailed disclosure.