Bandhan Financial Holdings Limited has concluded the sale of 3,31,07,015 equity shares of Bandhan Bank Limited. Executed via the open market, the transaction represents a ~2 per cent reduction in the promoter’s stake. Following this sale, the promoter’s holding in the bank now stands at ~37.93 per cent. The share disposal was completed over several months, ending in May 2026, as part of strategic adjustments to the promoter’s shareholding.
Strategic Divestment in Bandhan Bank
Bandhan Financial Holdings Limited, the promoter of Bandhan Bank Limited, has successfully offloaded 3,31,07,015 equity shares. This divestment, which amounts to approximately 2 per cent of the bank’s paid-up equity capital, was conducted through open market transactions. This move recalibrates the promoter’s interest in the banking entity, bringing its total ownership to 37.93 per cent.
Execution Timeline and Methodology
The disposal of shares was executed in a phased manner to manage market impact, with trading activities spanning from September 2025 through May 2026. The promoter utilized the open market route to complete the transaction. The final tranche of the share sale was concluded on May 12, 2026, bringing the total volume of shares sold to over 3.31 crore units.
Impact on Shareholding Structure
Prior to this series of transactions, the promoter group held a 40 per cent stake in Bandhan Bank. With the completion of this sale, the shareholding has been adjusted to 37.93 per cent. The equity base remains unchanged, reflecting a direct transfer of ownership to public shareholders through the secondary market, reinforcing the bank’s commitment to diversifying its shareholder base while maintaining promoter stability.
Source: BSE
