Bandhan Financial Services Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
BANDHANBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bandhan Financial Services Limited, the promoter of Bandhan Bank, has submitted a disclosure under SEBI Takeover Regulations confirming that it has never created any encumbrance (such as pledge or lien) on the equity shares of Bandhan Bank since the bank's inception, including the financial year ended 31 March 2025. The disclosure is a routine annual compliance requirement under Regulation 31(4), which mandates promoters to confirm whether they have pledged or otherwise encumbered shares of the listed entity. The letter is signed by the Company Secretary of Bandhan Financial Services Limited.
Positive for shareholders — it reassures investors that the promoter has not pledged any Bandhan Bank shares, eliminating risks of forced sale or margin calls arising from promoter encumbrance.