Bandhan Bank Limited has issued comprehensive notices to shareholders regarding the mandatory transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Authority, marking a significant compliance initiative under the Companies Act, 2013.

Regulatory Compliance and Notice Publication

On April 24, 2026, the bank published detailed notices in leading newspapers to comply with Section 124(6) of the Companies Act, 2013, read with the IEPF Authority Rules, 2016. The notices appeared in multiple languages and publications to ensure maximum reach:

The bank has sent individual reminders to concerned shareholders at their latest registered addresses, informing them about the impending transfer of their shares to the IEPF Authority and requesting them to claim their unclaimed dividends before the specified deadlines.

Share Transfer Timeline and Criteria

Equity shares are subject to transfer to the IEPF Authority if dividends remain unpaid or unclaimed for seven consecutive years or more. The bank has established specific deadlines for different categories:

Following the amalgamation of GRUH Finance Limited with Bandhan Bank effective October 17, 2019, all dividend-related claims for the erstwhile GRUH must now be made with Bandhan Bank. Shareholders holding shares in either physical or dematerialized form are affected by these provisions.

'Saksham Niveshak' Campaign Launch

The IEPF Authority has advised companies to initiate a second 100-day campaign titled "Saksham Niveshak" from April 01, 2026 to July 09, 2026. This campaign focuses on several key objectives:

• Proactive Engagement: Reaching out to shareholders to update KYC, bank mandates, and contact information
• Timely Dividend Processing: Ensuring swift processing of dividend claims and related requests
• Prevention of Unnecessary Transfers: Avoiding share transfers to IEPF Authority through proper claim procedures
• Direct Claim Settlement: Enabling shareholders to receive rightful claims directly from the company

Bandhan Bank has already communicated with shareholders who have unclaimed dividends for seven consecutive years, emphasizing the importance of updating their KYC details, bank mandates, and contact information to receive dividends directly in their bank accounts.

Special Window for Physical Share Transfer

SEBI has introduced a special facility through its circular dated January 30, 2026, establishing a one-year window for physical securities management:

This initiative aims to facilitate the transfer and dematerialization of physical securities and address previously rejected transfer requests due to documentation deficiencies or procedural issues.

Shareholder Action Requirements

Shareholders are advised to take immediate action to avoid automatic transfer of their shares to the IEPF Authority. The bank has provided clear contact information for both Bandhan Bank Limited's Secretarial Department in Kolkata and KFin Technologies Limited, the bank's Registrar and Share Transfer Agent in Hyderabad.

For claim procedures, shareholders must follow the prescribed process under IEPF Rules, including filing Form IEPF-5 online along with requisite documentation. The bank has also established email communication channels at investors@bandhanbank.com for expedited processing of claims and document submission.

Bandhan Bank Limited has announced the grant of stock options under its Employee Stock Option Plan Series 1, demonstrating the bank's commitment to employee incentivization through equity participation. The Nomination and Remuneration Committee of the Board approved this grant on April 22, 2026, as part of the bank's ongoing employee benefit initiatives.

Stock Option Grant Details

The committee granted 10,000 equity stock options to an eligible employee under the Bandhan Bank Employee Stock Option Plan Series 1 - Tranche 7. The grant was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory adherence.

Pricing and Regulatory Compliance

The grant price of Rs. 176.13 per option was determined based on the latest available closing price on the National Stock Exchange of India Limited on Tuesday, April 21, 2026. This pricing methodology follows the trading day immediately preceding the grant approval date, ensuring market-based valuation.

The Employee Stock Option Plan Series 1 has been formulated and approved by shareholders pursuant to SEBI (Share Based Employee Benefits) Regulations, 2014, which was subsequently replaced by SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Vesting Schedule and Exercise Terms

The granted options follow a systematic vesting structure designed to promote employee retention and long-term commitment:

Each stock option carries the right to apply for and be allotted one equity share of face value Rs. 10 each of the bank. The exercise period extends for a maximum of five years from the date of respective vesting of options, providing flexibility for the option holder.

Corporate Governance and Disclosure

The bank has fulfilled its disclosure obligations under Regulation 30 of SEBI LODR, demonstrating transparency in corporate governance practices. The announcement was made simultaneously to both BSE Limited and National Stock Exchange of India Limited, with the disclosure also uploaded on the bank's official website at www.bandhan.bank.in .