Bandhan Bank Limited has announced that it has received an Environmental, Social and Governance (ESG) rating from NSE Sustainability Ratings and Analytics Limited. The bank disclosed this development to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Details

The SEBI registered ESG Rating Provider assigned a rating of 67 to Bandhan Bank Limited for FY2025, placing the bank in the 'Aspiring' category. The rating assessment was based on public disclosures made by the bank and other publicly available information.

Regulatory Compliance

The bank received the ESG rating communication via email on February 17, 2026. In compliance with regulatory requirements, Bandhan Bank Limited has made the disclosure to both BSE Limited and National Stock Exchange of India Limited. The bank has also simultaneously uploaded this information on its official website at www.bandhan.bank.in .

About the Rating Process

NSE Sustainability Ratings and Analytics Limited, being a SEBI registered Environmental, Social and Governance Rating Provider, conducted the voluntary rating assignment. The evaluation process relied on the bank's public disclosures and other information available in the public domain, ensuring transparency in the assessment methodology.

The disclosure was signed by Indranil Banerjee, Company Secretary of Bandhan Bank Limited, and communicated to the exchanges through the bank's reference number BBL/SEC/215/2025-26.

Bandhan Bank has received regulatory approval for a significant shareholding acquisition by ICICI Prudential Asset Management Company Limited. The Reserve Bank of India granted its approval on February 10, 2026, allowing ICICI Prudential and ICICI Bank group entities to acquire up to 9.95% stake in the private sector bank.

RBI Approval Details

The central bank's approval permits ICICI Prudential Asset Management Company Limited, along with group entities of ICICI Bank Limited, to acquire an "aggregate holding" of up to 9.95% of the paid-up share capital or voting rights in Bandhan Bank Limited. This approval was granted pursuant to the information furnished by the applicant to the RBI.

Regulatory Compliance Requirements

The RBI approval comes with stringent compliance conditions that the applicant must adhere to throughout the acquisition process. The approval is subject to compliance with multiple regulatory frameworks including the Banking Regulation Act, 1949, and Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025 dated November 28, 2025.

Additional compliance requirements include:

• Provisions of the Foreign Exchange Management Act, 1999
• Regulations issued by Securities and Exchange Board of India
• Any other applicable statutes, regulations, and guidelines

Key Conditions and Restrictions

The RBI has imposed specific conditions on the shareholding acquisition to ensure regulatory compliance. The approval includes a time-bound clause stating that if the applicant fails to acquire major shareholding within one year from February 10, 2026, the approval shall stand cancelled.

The central bank has also specified that the aggregate holding of ICICI Prudential and ICICI Bank group entities must not exceed 9.95% of the paid-up share capital or voting rights at any time. If their aggregate holding falls below 5%, prior RBI approval will be required to increase it to 5% or more.

Disclosure and Transparency

Bandhan Bank has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank communicated this development to both BSE Limited and National Stock Exchange of India Limited on February 11, 2026, ensuring transparency for all stakeholders and market participants.