Bandhan Financial Holdings Limited, the promoter of Bandhan Bank , has confirmed that it has not created any encumbrance on the bank's equity shares since its inception. This disclosure, submitted on April 6, 2026, covers the period up to the Financial Year ended March 31, 2026, and was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The confirmation explicitly states that no direct or indirect encumbrance has been made on the equity shares of Bandhan Bank Limited by the promoter. The filing was addressed to the stock exchanges, BSE Limited and The National Stock Exchange of India Limited, as well as the Audit Committee of Bandhan Bank Limited.

Regulatory Compliance

The disclosure was submitted to satisfy the requirements of the Takeovers Regulations, which mandate promoters to confirm the status of their shareholding. The communication was signed by Abhinay Kumar Shaw, Company Secretary of Bandhan Financial Holdings Limited.

Bandhan Financial Holdings Limited, the promoter and Non-Operative Financial Holding Company (NOFHC) of Bandhan Bank Limited, has filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting the sale of approximately 2.06% of the bank's total paid-up equity share capital. The disclosure, signed by Managing Director Karni Singh Arha, was dated May 13, 2026.

Shareholding Change at a Glance

The transaction involved the disposal of excess shareholding amounting to 3,31,07,015 equity shares of ₹10 each, fully paid-up, in Bandhan Bank. As a result of this sale, the promoter's stake in the bank has been reduced from 40.00% to approximately 37.93%. The following table summarises the key shareholding details before and after the transaction:

Open Market Transactions Across Multiple Trade Dates

The total disposal of 3,31,07,015 shares was executed in tranches across multiple trade dates, spanning from September 2025 to May 2026. The complete trade-wise breakup, as provided in Annexure-1 of the disclosure, is presented below:

Regulatory Disclosure Context

The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters and persons acting in concert to report changes in shareholding exceeding the prescribed threshold. Bandhan Financial Holdings Limited confirmed that no shares were encumbered, pledged, or subject to any non-disposal undertaking in connection with this transaction. The total diluted share capital of Bandhan Bank after the transaction stands at 1,61,02,89,642 equity shares of ₹10 each.