d w bandhan bandhan bank limited...d w bandhan bank bandhan bank limited head office: floors 12-14,...

d Bandhan w Bank Bandhan Bank Li mited Head Office: Floors 12-14, Adventz lnfi nity@5, BN 5, SectorV, Salt Lake City, Kolkata - 700091 CI N: L67190WB2014PLC2 04622 I Phone: +91 33 6609 0909, 4045 6456 I Fax: +91 33 6609 0502 Email: companysecretary@bandhanbank.com I Website: www .bandhanbank.com Ref no: BBL/ 089 /2020-21 August 03, 2020 BSE Limited Dept of Corporate Services Phi roze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai- 400001 BSE Scrip Code: 541153 National Stock Exchange of India Limited The Listing Department Exchange Plaza, Bandra Kurla Complex, Mumbai- 400051 NSE Symbol: BANDHANBNK Dear Sir/ Madam, Subject: Disclosure under application regulation of SEBI (Listing Obligations and Disclosur e Requirements) Regulations, 2015 - dilution of excess shareholding of the promoter in the Bank We would like to inform that in terms of the Guidelines for Licensing of New Banks in the Private Sector issued by RBI on February 22, 2013, ('Licensing Guidelines') and Licensing conditions, Bandhan Financial Holdings Limi ted ('BFHL' or the 'NOFHC'), the holding company of the Bank was required to bring its excess shareholding to 40 per cent of the paid- up voting equity capital of the Bank. The Bank has been exploring various options / opport unities to bring the shareholding to the prescribed level. Pursuant to amalgamation of GRUH Finance Limited into and with the Bank effective from October 17, 2019 and consequent to issuance of fresh equity shares to the Shareholders of GRUH on October 21, 2019, the shareholding of NOFHC in the Bank diluted from 82.26 per cent to 60.96 per cent of its paid-up vot ing equit y share capital. In order to be fully compliant with the Licensing Guidelines, the NOFHC has today i.e. August 03, 2020 informed the Bank that it has diluted its excess shareholding of 20.95 per cent i.e. 33,73,67,189 equity shares of Rs. 10/- (Rupees Ten only) each fully paid-up in the Bank through secondary market sale. Consequent to the above transaction, the shareholding of NOFHC in the Bank has been reduced to 40 per cent of the total paid-up voting equity capital of the Bank which is in compliance with the aforesaid Guidelines and the licensing conditions of the Bank. In view of the above dilution, all the licensing conditions for the Bank are now complied with. Page 1 of 2 Registered Offi ce: DN 32, Sector V, Salt Lake City, Kolkata - 700091

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Page 1: d w Bandhan Bandhan Bank Limited...d w Bandhan Bank Bandhan Bank Limited Head Office: Floors 12-14, Adventz lnfinity@5, BN 5, SectorV, Salt Lake City, Kolkata - 700091 CIN: L67190WB2014PLC204622

Ref no: BBL/ 089 /2020-21

August 03, 2020

BSE Limited Dept of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai- 400001 BSE Scrip Code: 541153

National Stock Exchange of India Limited The Listing Department Exchange Plaza, Bandra Kurla Complex, Mumbai- 400051 NSE Symbol: BANDHANBNK

Dear Sir/ Madam,

Subject: Disclosure under application regulation of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - dilution of excess shareholding of the promoter in the Bank

We would like to inform that in terms of the Guidelines for Licensing of New Banks in the Private Sector issued by RBI on February 22, 2013, ('Licensing Guidelines') and Licensing conditions, Bandhan Financial Holdings Limited ('BFHL' or the 'NOFHC'), the holding company of the Bank was required to bring its excess shareholding to 40 per cent of the paid up voting equity capital of the Bank.

The Bank has been exploring various options / opportunities to bring the shareholding to the prescribed level. Pursuant to amalgamation of GRUH Finance Limited into and with the Bank effective from October 17, 2019 and consequent to issuance of fresh equity shares to the Shareholders of GRUH on October 21, 2019, the shareholding of NOFHC in the Bank diluted from 82.26 per cent to 60.96 per cent of its paid-up voting equity share capital.

In order to be fully compliant with the Licensing Guidelines, the NOFHC has today i.e. August 03, 2020 informed the Bank that it has diluted its excess shareholding of 20.95 per cent i.e. 33,73,67,189 equity shares of Rs. 10/- (Rupees Ten only) each fully paid-up in the Bank through secondary market sale. Consequent to the above transaction, the shareholding of NOFHC in the Bank has been reduced to 40 per cent of the total paid-up voting equity capital of the Bank which is in compliance with the aforesaid Guidelines and the licensing conditions of the Bank.

In view of the above dilution, all the licensing conditions for the Bank are now complied with.

Page 1 of 2

Registered Office: DN 32, Sector V, Salt Lake City, Kolkata - 700091