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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts more than Nifty Smallcap 250 and 0.9 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.