Bandhan Bank Regulatory Clarification Response
Date and Nature of Exchange Query
- Date of Communication: October 13, 2026
- Regulatory Reference: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Exchange Query: BSE and NSE sought clarification regarding a news item published on MoneyControl on October 13, 2026, titled "Bandhan Bank stock jumps 7% on reports of Abu Dhabi's IHC exploring promoter stake acquisition" and the subsequent 9.02% price increase in the bank's scrip from ₹157.35 to ₹171.55 on the same date.
Company's Clarification on Trading Volume and Financial Matters
- Stake Acquisition Rumors: The bank explicitly states it is "not aware of any such development" regarding Abu Dhabi's IHC exploring promoter stake acquisition.
- Communication Status: Confirms that the bank "has not received any communication in this regard" and is therefore "not in the position to comment on the correctness" of the news item.
- Material Information Disclosure: The bank affirms it has "furnished/intimated, from time to time, to the Exchange(s), all necessary events, information, which are considered material for the Bank" as required under SEBI LODR Regulation 30.
- Price Movement Explanation: Attributes the 9.02% price increase to "purely due to market conditions" and states it is "apparently, market driven, on which the Bank has no control."
Regulatory Compliance Reference
- SEBI Regulation Compliance: The disclosure is explicitly made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- No Withheld Information: The bank confirms it has "neither withheld disclosure of any material information/ event nor is there any impending announcement" that would qualify as material event or information.
- Regulatory Proceedings: The bank states it is "unaware of any regulatory/legal proceedings in this regard."
Financial Results and Material Impact Assessment
- Material Impact: The bank explicitly states "There is no material impact of this article on the Bank."
- Compliance Assurance: Reiterates that the bank "gives utmost importance to regulatory compliance and continues to comply with the applicable requirements under Regulation 30 of the SEBI LODR."
Additional Details
- Reference Number: BBL/SEC/180/2026-27
- Website Disclosure: Simultaneously uploaded at the bank's website www.bandhan.bank.in
Topic Tags: Regulatory Response, Market Rumors Denial, Stock Price Movement, SEBI Compliance, Exchange Clarification