The Exchange has sought clarification from Bandhan Bank Limited with respect to recent news item captioned Bandhan Bank May Be Put On The Block As MFI Cycle Improves: Sources. The response from the Company is attached.
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 2.9 pts more than Nifty Smallcap 250 and 2.6 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.
Bandhan Bank responded to an NDTV Profit news article that suggested the bank may be put on the block for sale as the microfinance (MFI) cycle improves. The stock fell nearly 5.9% on March 9, 2026, from Rs. 182.95 to Rs. 172.15, prompting exchanges to seek clarification. The bank denied any awareness of such negotiations or developments and said it has not received any communication regarding a potential sale. It also confirmed that all material information has already been disclosed and there is no pending or withheld announcement, attributing the price drop to market conditions. No regulatory or legal proceedings are involved.
The bank's denial may help calm investor nerves, but the 6% stock fall on acquisition rumors highlights how sensitive the stock is to such speculation; short-term volatility is likely until market sentiment stabilizes.