The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Caladium Investment Pte Ltd
BANDHANBNK · price
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Awaiting price reaction for this filing.
Caladium Investment Pte Ltd (a Singapore-based entity, not part of the promoter group) sold 4,027,428 equity shares of Bandhan Bank on 9 May 2025 through open market transactions, representing 0.250% of the bank's total share capital. As a result, Caladium's holding dropped from 97,234,202 shares (6.036%) to 93,206,774 shares (5.786%). The disclosure was filed under SEBI SAST Regulation 29(2), triggered because Caladium's holding fell below the 6% reporting threshold. The note clarifies that Caladium has been gradually offloading shares in small, non-reportable tranches since its last disclosure in August 2020, when it held 7.79%. No encumbrance or pledge activity is involved in this transaction.
A minor reduction in foreign institutional holding (~25 bps decline), signalling a continued slow exit by a foreign investor but with negligible impact on share price given the small size. Existing retail shareholders should note that this is a passive portfolio rebalancing, not a promoter-driven action.