BANDHANBNK NSE filing

Bandhan Bank Publishes Newspaper Notice for IEPF Share Transfer

The RealCase readLow impact Neutral

Bandhan Bank is publishing a notice regarding the transfer of shares with unpaid dividends to the IEPF Authority. Shares with unpaid dividends from FY 2018-19 will be transferred by August 02, 2026, and GRUH-related shares by August 22, 2026. The bank is also promoting the "Saksham Niveshak" campaign and a special window for physical share transfer until February 04, 2027.

Why it matters

This is a standard procedural announcement required by regulations for shares with unclaimed dividends. It does not directly impact the bank's operations, financial performance, or market standing in the short to medium term.

The market read

The announcement is a routine regulatory filing regarding the transfer of shares to the IEPF due to unclaimed dividends. While it informs shareholders, it does not contain any new financial performance data or strategic initiatives that would significantly impact the bank's sentiment.

Bandhan Bank Limited has published a newspaper notice on April 24, 2026, in The Financial Express (English), Aajkaal (Bengali), and Gujarati, regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with Section 124(6) of the Companies Act, 2013, for shares where dividends have remained unpaid or unclaimed for seven consecutive years.

The bank will transfer shares with unpaid dividends for FY 2018-19 and onwards, remaining unclaimed until August 02, 2026, to the IEPF demat account. For shares related to the erstwhile GRUH Finance Limited (amalgamated with Bandhan Bank), dividends for FY 2018-19 and thereafter, remaining unclaimed until August 22, 2026, will also be transferred.

The bank has also informed shareholders via reminders about the transfer and the process to claim unpaid dividends. Additionally, the notice highlights the IEPF Authority's second '100-Day Campaign' named "Saksham Niveshak" (April 01, 2026, to July 09, 2026), aimed at creating awareness and facilitating direct payment of unclaimed dividends. It also mentions the opening of a Special Window for re-lodgement of transfer deeds for physical securities, as per SEBI's circular dated January 30, 2026, which will remain open for one year from February 05, 2026, to February 04, 2027.

Shareholders are urged to update their KYC, bank mandates, and contact information to receive dividends directly and avoid the transfer of their shares and future benefits to the IEPF Authority. The detailed procedure for claiming shares and dividends from the IEPF Authority is also provided.

Filing to action

What to do with a filing like this

Bandhan Bank Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Bandhan Bank Limited. Read the original for the full detail.

View original filing