Bandhan Bank grants 8,300 ESOPs to eligible employees

1 min read     Updated on 17 Jul 2026, 08:51 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Bandhan Bank granted 8,300 equity stock options to eligible employees under ESOP Series 1 Tranche 7 at a grant price of Rs. 214.42 per option. The options, with a face value of Rs. 10 each, will vest in equal installments over four years. The grant was approved by the Nomination and Remuneration Committee on July 17, 2026.

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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

Parameter Details
Total options granted 8,300
Face value per option Rs. 10
Grant price per option Rs. 214.42
Pricing basis NSE closing price on July 16, 2026
Vesting period 4 years (25% annually)
Exercise period 5 years from vesting date

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.

Historical Stock Returns for Bandhan Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-1.93%-0.87%-15.84%+6.51%+3.91%-42.71%

How will this ESOP grant impact Bandhan Bank's employee retention and talent acquisition strategies in the competitive banking sector?

What is the expected dilution in existing shareholders' equity once all 8,300 options are exercised?

Could this move signal the start of a broader series of ESOP grants as part of the bank's long-term compensation strategy?

Bandhan Bank promoter holds zero shares in FY26

1 min read     Updated on 08 Jul 2026, 06:49 AM
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Reviewed by
Shriram SScanX News Team
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
-1.93%-0.87%-15.84%+6.51%+3.91%-42.71%

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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