Bandhan Bank received an Environmental, Social and Governance (ESG) score of 58 from ESG Risk Assessments and Insights Limited on August 31, 2026.

The rating agency classified the score under the 'Adequate' category. The assessment was conducted voluntarily based on publicly available information, in accordance with the provider's methodology and rating process framework.

Disclosure Details

The bank made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was simultaneously uploaded to the company's website.

Shareholders of Bandhan Bank approved all seven resolutions proposed at its 12th Annual General Meeting held on August 24, 2026. The meeting, conducted via video conferencing, saw the adoption of the audited financial statements for FY26 and the appointment of Debasish Panda as Non-Executive Chairman.

The bank’s promoters voted in favor of all proposals with a 100% approval rate. Public institutional investors also showed strong support, backing the dividend declaration and auditor remuneration increases with near-unanimous votes. The meeting commenced at 11:00 am and concluded at 1:50 pm.

Key Resolutions Approved

The ordinary business items included the consideration of the audited annual financial statements for the year ended March 31, 2026, and the declaration of dividends on equity shares. Members also approved the re-appointment of Rajinder Kumar Babbar, who retired by rotation, and an increase in the remuneration of the joint statutory auditors.

Under special business, shareholders passed a special resolution to appoint Debasish Panda as an Independent Director. Subsequent ordinary resolutions appointed him as the Non-Executive Chairman and approved fixed remuneration for other non-executive directors.

Voting Dynamics

A total of 697,196 shareholders were on record as of August 17, 2026. The voting process was scrutinized by CS Hansraj Jaria. Promoter entity Bandhan Financial Holdings Limited (BFHL) holds 37.53% of the share capital but its voting rights were capped at 26% in accordance with Section 12(2) of the Banking Regulation Act, 1949.

What the Numbers Show

While promoter support was absolute across all resolutions, public institutional investors demonstrated selective dissent on governance-related appointments. Specifically, approximately 7.38% of public institutional votes were cast against the re-appointment of Rajinder Kumar Babbar, and roughly 5.06% opposed the appointment of Debasish Panda as an Independent Director. This contrasts sharply with the near-unanimous support (99.95%+) from public institutions for the adoption of financials and dividend declarations, suggesting focused scrutiny on board composition rather than financial performance.