Bandhan Bank promoter confirms no encumbrance on shares

Bandhan Financial Services Limited, the promoter of Bandhan Bank , has confirmed that it has not created any encumbrance on the equity shares of the bank since its inception. This assurance covers the period including the financial year ended March 31, 2026. The disclosure is significant for shareholders as it indicates that the promoter's holding remains free from charges or liens, ensuring stability in ownership structure.

The confirmation was submitted in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires promoters to disclose any encumbrance on shares to ensure transparency in the capital market. The filing explicitly states that no direct or indirect encumbrance has been made by the promoter on the bank's shares.

Key Details of the Disclosure

Aspect	Details
Promoter Name	Bandhan Financial Services Limited
Regulation	Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Period Covered	Since inception up to FY ended March 31, 2026
Encumbrance Status	None

The letter was addressed to the Audit Committee of Bandhan Bank Limited and the stock exchanges, BSE Limited and The National Stock Exchange of India Limited. Biplab Kumar Mani, Company Secretary of Bandhan Financial Services Limited, signed the confirmation on April 6, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.52%	-0.41%	+1.67%	+40.82%	+12.13%	-35.94%

Bandhan Bank Limited has received shareholder approval to appoint Mr. Debashish Mukherjee as an Independent Director following a postal ballot process. The resolution was passed with 99.35% of the total valid votes cast in favour, concluding the remote e-voting period on June 05, 2026.

The postal ballot sought approval for the appointment of Mr. Debashish Mukherjee (DIN: 08193978) under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The remote e-voting process commenced on May 07, 2026, and was scrutinized by CS Hansraj Jaria, a Practising Company Secretary.

Voting Results

A total of 1,05,57,18,418 valid votes were polled, representing 65.53% of the total outstanding shares. The resolution received overwhelming support across shareholder categories, with 1,04,88,54,143 votes in favour and 68,64,275 votes against.

Category	Shares Held	Votes Polled	Votes in Favour	Votes Against	% For	% Against
Promoter and Promoter Group	62,75,26,519	42,04,02,582	42,04,02,582	0	100.00	0.00
Public-Institutions	71,72,39,436	63,44,67,597	62,77,02,102	67,65,495	98.93	1.07
Public-Non Institutions	26,62,12,632	8,48,239	7,49,459	98,780	88.35	11.65
Total	1,61,09,78,587	1,05,57,18,418	1,04,88,54,143	68,64,275	99.35	0.65

Regulatory Compliance and Invalid Votes

The voting process adhered to the provisions of Section 12(2) of the Banking Regulation Act, 1949, which restricts voting rights to a maximum of 26% of the total voting rights for any single shareholder. Consequently, 20,71,23,937 equity shares held by Bandhan Financial Holdings Limited, the promoter, were treated as invalid votes.

The Scrutinizer's Report confirmed that the special resolution was passed with the requisite majority. The appointment is deemed effective from June 05, 2026, the last date of the remote e-voting process.