Bandhan Financial Services will reduce its stake in Bandhan Bank to 26% by 2030 through gradual open-market sales. Separately, the bank holds a shareholder meeting on September 22 to vote on a 1:5 stock split aimed at increasing retail investor access.
The promoter of Bandhan Bank, Bandhan Financial Services, has outlined a roadmap to lower its stake in the lender to 26% to comply with Reserve Bank of India (RBI) regulatory requirements. The promoter has confirmed a plan for gradual, incremental stake sales in the open market, explicitly rejecting the option of bulk or block deals. By spreading the sales over the coming years until the 2030 deadline, the management aims to avoid the price volatility that can occur with large, sudden liquidations of shares.
As of June 2026, the promoter held a 37.54% stake in the bank, down from 38.98% three months prior. This gradual reduction is part of a broader effort to align the group's ownership structure with regulatory norms.
In addition to the stake reduction, the bank is preparing for a change in its capital structure. Shareholders are scheduled to vote on a 1:5 stock split at the annual general meeting on September 22. If approved, the existing shares with a face value of ₹10 will be divided into five shares with a face value of ₹2 each. The primary objective stated by the management is to improve liquidity and lower the entry price for individual retail investors, which could help broaden the shareholder base.
Bandhan Financial Services functions as the core investment vehicle for the group, which also oversees operations in Bandhan AMC and Bandhan Life Insurance. As of March 31, 2026, the promoter held significant controlling interests in these subsidiaries. The current focus remains on ensuring the bank meets its regulatory milestones while managing the financial profile of the parent company.
For investors, the key monitorable will be the execution of these stake sales. While a slow and steady reduction helps mitigate market impact, the company's financial performance and its ability to manage asset quality remain important factors for shareholders. The outcome of the upcoming shareholder vote on the stock split will also be a primary update for those tracking the bank's retail-focused strategy.