Bandhan Bank Denies Reports of Promoter Stake Acquisition Talks

Bandhan Bank Ltd has issued a clarification regarding a news item published on Moneycontrol.com on October 13, 2026, which reported that Abu Dhabi's IHC was exploring the acquisition of a promoter stake. The bank stated that it is unaware of any such development and has not received any communication in this regard. Consequently, Bandhan Bank cannot comment on the accuracy of the news. The bank also clarified that it has disclosed all material information to the exchanges as required and is not aware of any unannounced information that could explain the recent 9.02% increase in its stock price. The bank attributes the price movement to market conditions. There is no material impact on the bank from this article.