Bandhan Bank Promoter Plans Gradual Stake Reduction Ahead Of 2030 Deadline

Bandhan Financial Services, the promoter of Bandhan Bank, plans a phased reduction in its holding in the bank rather than a bulk sale. The Bandhan Bank promoter needs to lower its stake to 26% by 2030 under its licensing arrangement with the Reserve Bank of India (RBI).

The promoter's holding had already declined to 37.54% by the end of June 2026 from 38.98% at the end of March. The stake stood at 39.74% at the end of 2025. The recent reduction occurred through open-market transactions.

At 9:45 am on 22 September 2026 on the National Stock Exchange (NSE), Bandhan Bank shares were trading at ₹181.63. The shares were up 1.47% from the previous close of ₹179. The stock opened at ₹180 and touched an intraday high of ₹182.29 and a low of ₹179.90 in early trading.

Bandhan Financial Services’ Business Structure

Bandhan Financial Services primarily manages its investments and has two subsidiaries, Bandhan Financial Holdings and Bandhan Technologies.

Bandhan Financial Holdings is the holding company for:

• Bandhan Bank

• Bandhan Asset Management Company (AMC)

• Bandhan Mutual Fund Trustee

• Bandhan Investment Managers (Mauritius)

• Bandhan Life Insurance

As of 31 March 2026, Bandhan Financial Services held 59.98% in Bandhan AMC and 97.16% in Bandhan Life Insurance.

Bandhan Financial Services’ Stock Split Plan

The promoter's proposed Bandhan Bank stake reduction is separate from a stock split plan. Under the proposal, each existing equity share with a face value of ₹10 would be divided into five shares with a face value of ₹2 each.

Shareholders are scheduled to consider the proposal at the annual general meeting on 22 September 2026. The proposed split could make the bank's shares more accessible to retail investors ahead of a potential public offering.

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