BANDHANBNKBSEBandhan Bank LtdMediumNeutral
Announced Wed, 6 May · 21:00 IST

Notice of Postal Ballot.

Board & Shareholder Meetings View source PDF

BANDHANBNK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹208.98
prior close
₹208.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.7-0.6-0.7-1.3-3.3-6.0-6.8-4.5-8.9+0.2-3.0-1.9
Up moveDown movePending
AI summary

Bandhan Bank is seeking shareholder approval via postal ballot for the appointment of Mr. Debashish Mukherjee as an Independent Director. Mr. Mukherjee, aged 60, was appointed as Additional Director (Independent) on March 25, 2026, effective upon receipt of Ministry of Finance approval. He has over 30 years of banking experience across Punjab National Bank, United Bank of India, and Canara Bank, where he served as Executive Director before superannuating on May 31, 2025. His appointment as Independent Director is for a term of three years (March 25, 2026 to March 24, 2029), not liable to retire by rotation. Remote e-voting is open from May 7, 2026 to June 5, 2026, and results will be announced by June 7, 2026. He does not hold any equity shares in the bank.

Likely market impact

This is a routine board appointment following regulatory requirements. Mr. Mukherjee's extensive public sector banking experience, including expertise in risk management, MSME, digital banking, and corporate credit, could strengthen the bank's governance and strategic oversight.