Key Parties Involved
- Designated Person: Mr. Manohar Kumar Jha, Designated Vice President (DVP) of Bandhan Bank Limited
- Approving Authority: Mr. Indranil Banerjee, Company Secretary & Compliance Officer of Bandhan Bank Limited
- Regulatory References: SEBI PIT Regulations, Regulation 5(5); Bank's PIT Code, Clause 2.4
Trading Plan Details
- Trading Period: November 19, 2026 to November 25, 2026
- Nature of Transaction: Sell
- Number of Securities: 2,817 equity shares
- Price Limit: ₹214 per share (lower price limit for sell trade)
- Trading Mode: On-market transaction
- Value Specification: Not applicable (number of securities specified instead of value)
Approval and Timeline
- Plan Submission Date: July 17, 2026
- Approval Date: July 17, 2026 (same day as submission)
- Cool-off Period: 120 calendar days from public disclosure date (as mandated by Regulation 5(2)(i) of PIT Regulations)
- Plan Status: Irrevocable once approved
Key Undertakings and Conditions
The designated person has undertaken that:
- The trading plan will be implemented mandatorily without deviation
- Trades will only be executed if the execution price is within the specified price limit (₹214)
- No trading will occur if Unpublished Price Sensitive Information (UPSI) possessed at plan formulation hasn't become generally available
- No trading will occur during the 120-day cool-off period
- The plan is not for market abuse purposes
Disclosure Compliance
This disclosure has been simultaneously uploaded on the Bank's website at www.bandhan.bank.in as required by regulations.
Financial Impact
Financial impact not quantified in the disclosure. The transaction involves the potential sale of 2,817 shares at a maximum price of ₹214 per share, representing a maximum transaction value of approximately ₹602,838.
#Tags: #BandhanBank #SEBIPITRegulations #InsiderTrading #ComplianceDisclosure #Neutral