Bandhan Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 28, 2026, recommended Dividend of Rs. 1.5 per equity share.
BANDHANBNK · price
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Bandhan Bank's Board of Directors at its meeting on April 28, 2026 approved the Q4 and full year FY26 audited financial results with an unmodified audit opinion from joint statutory auditors. The Board recommended a dividend of Rs. 1.5 per equity share (15% on face value of Rs. 10 each) for FY26, subject to shareholder approval at the ensuing AGM. Key management changes include appointment of Mr. Surajit Roy Choudhury as Head - Emerging Entrepreneurs Business (effective June 30, 2026) and Mr. Sujoy Roy as National Collection Head (effective April 28, 2026). The Board also approved seeking shareholder approval via postal ballot for appointment of Mr. Debashish Mukherjee as Independent Director for a 3-year term. Trading window for designated persons will reopen 48 hours after the results declaration.
The dividend recommendation signals management confidence in the bank's financial health, though the Rs. 1.5 per share amount appears modest for shareholders. Management appointments in key business verticals indicate strategic continuity. No major corporate actions like buybacks, bonuses, or splits that typically drive significant stock movement.