Bandhan Bank Ltd

AGM Details

• AGM held on 24 August 2026 at 11:00 IST via VC/OAVM.
• Remote e-voting 20–23 August 2026; cut-off date 17 August 2026.

Ordinary Resolutions

• Item 1: Adopt Audited Financial Statement approved.
• Item 2: Dividend on equity shares approved.
• Item 3: Re-appointment of Rajinder Babbar as Director.
• Item 4: Increase in remuneration of Joint Statutory Auditors approved.

Special Resolutions

• Item 5: Debasish Panda appointed Independent Director.
• Item 6: Debasish Panda appointed Non-Executive Chairman (with remuneration).
• Item 7: Fixed remuneration to Non-Executive Directors (excluding Chair) approved.

Dividend

• Dividend on equity shares approved.

Director Changes & Remuneration

• Re-appointment of Rajinder Babbar as Director.
• Debasish Panda appointed Independent Director.
• Debasish Panda appointed Non-Executive Chairman.

Auditor Arrangements

• Remuneration of Joint Statutory Auditors increased.

Voting Results

• Item 1 passed with 99.97% in favour.
• Item 2 passed with 99.88% in favour.
• Item 3 passed with 96.03% in favour.
• Item 4 passed with 98.65% in favour.
• Item 5 passed with 97.28% in favour.
• Item 6 passed with 97.37% in favour.
• Item 7 passed with 99.99% in favour.

Event details

• Analysts/institutional meet conducted on Aug 17, 2026 as part of Motilal Oswal Global Investor Conference.
• Attendees include 23 entities across asset management, pensions, banks, and funds.
• Disclosure covers meeting details; no new financial metrics disclosed.

Analysts / Institutional Meet

• Event: EMKAY Confluence 2026
• Date: Aug 13, 2026; Place: Mumbai
• Attendees: 21 institutions listed (e.g., Avendus Wealth, Axis Max Life, Banyan Capital)

Meeting Details

• Date: August 17, 2026
• Event: Motilal Oswal 22nd Annual Global Investor Conference
• Nature: Group meeting
• Mode: In-person
• Place: Mumbai
• Presentation: Available on Bandhan Bank's website

Resignation of Interim Chief of Internal Vigilance

• Resignation submitted by Prakash E, Chief of Internal Vigilance (Interim), dated August 10, 2026.
• Last working day with the Bank would be November 7, 2026.
• Interim tenure continues until September 30, 2026, or until a new CIV joins, whichever is earlier.
• Reason for resignation: personal reasons.
• A new CIV appointment is in process and will be communicated in due course.
• He will continue providing services per bank policies during the notice period.

Meeting Details

• Date: August 13, 2026
• Type: Group meeting, in-person
• Organizer: EMKAY Confluence 2026
• Place: Mumbai

Participants

• Company representative: Company Secretary

Purpose

• Investor interaction with analysts/institutional investors

Additional Notes

• Presentation will be available on the bank's website

Analysts / Institutional Meet

• Date and venue: 06 August 2026, Singapore.
• Event: Meeting with select investors.
• Participants: North Rock Capital Management (SG) Pte. Ltd.
• Participants: Schonfeld Strategic Advisors.
• Participants: Oxbow Capital Management (SG) Pte. Ltd.
• Purpose: Regulatory disclosure under SEBI LODR Regulation 30.

Overview

• Standalone BRSR for Bandhan Bank Limited for FY2025-26; universal banking across retail, micro, corporate.
• 100% turnover from Banking Products & Services; no exports or subsidiaries.
• Reasonable assurance on Core BRSR parameters by CNK & Associates LLP; five-site coverage for key disclosures.

Key ESG Risks & Opportunities

• Material risk: climate change—physical and transition risks affecting assets and loan portfolio.
• Mitigation: SEMS integrated into credit appraisal; periodic site inspections and environmental compliance checks.
• Operational upgrades: greening branches/data centers, paperless operations, and renewable energy sourcing.
• Opportunities: CSR-led agroforestry, carbon sequestration, and expanded sustainable finance activities.

Governance & Policy Highlights

• CSR & Sustainability Committee of the Board oversees ESG, chaired by an independent director; meets quarterly.
• Key policies: Code of Conduct, Vigilance, Whistleblower, anti-bribery, human rights, and KYC/AML; zero tolerance.
• Major compliance events: RBI penalty ₹44.70 lakh; CGST penalties ₹16.89 lakh and ₹108.86 lakh; payments made.
• Two-tier vigilance: Chief of Internal Vigilance and Disciplinary Committee; independent oversight by Audit/Board committees.
• Assurance: CNK & Associates LLP; Scope includes Core BRSR parameters; five sites covered for some disclosures.

Social Responsibility & Workforce

• Total permanent employees: 75,397; females: 8,894 (about 11.8%); no workers engaged.
• Diversity: Board has 1 female among 13 directors (7.69%); 6 differently‑abled permanent employees.
• Turnover (permanent): 28.22% total; male 27.03%, female 37.46%.
• Return-to-work after parental leave: 88.19%; retention: 79.65%.
• LTIFR: 0.108; total injuries: 18; no fatalities.
• 49% of retail branches are accessible for differently‑abled customers; 93% HR training coverage.
• Wages: female wages 10.53% of total wages; extensive HR training and POSH governance.
• CSR applicability confirmed; CSR turnover reported; 100% of beneficiaries from vulnerable groups in programs.

Environmental Performance

• Total energy 10.938 TJ; renewables 0.017 TJ; non-renewables 10.922 TJ; renewable share minimal.
• GHG emissions: Scope 1 12.289 tCO2e; Scope 2 2,135.479 tCO2e; intensity 0.09 tCO2e/₹cr turnover.
• Water withdrawal 803,294.72 KL; third‑party discharge 642,635.77 KL; water intensity 32.89 KL/₹cr turnover.
• Waste: total 92.25 MT; E-waste 59.84 MT; battery 2.28 MT; paper waste 30.13 MT; 62.12 MT recycled.
• IGBC Gold Green Building certifications; STP water recycling; LED lighting; ACH temperature targets; solar lighting at projects.
• Climate action: over 1 million saplings planted; agroforestry and social forestry programs.
• EPR not applicable; Scope limited to five key locations for some data; CNK & Associates LLP assurance.

Stakeholder Engagement & Complaints

• Key stakeholders: shareholders/investors, customers, regulators, government, vendors, communities, employees.
• Engagement channels: AGM, emails, investor meetings, press, roadshows, earnings calls; periodic frequency.
• Grievance mechanisms: centralized system; multi‑level escalation; Internal Ombudsman; CSR‑SCB oversight.
• POSH complaints: 27 filed in FY2025-26; 19 upheld; detailed HR grievance processes in place.
• Shareholder complaints resolved in the reporting period; value‑chain complaints minimal/no unresolved issues.

Other Notable Metrics

• Inputs from MSMEs: 9.32% of total inputs; 99.98% sourced domestically.
• CSR beneficiaries: 381,852 total; 100% from vulnerable/marginalised groups; CSR projects span health, education, and climate.
• Carbon sequestration from afforestation/forestry programs; estimated ~6,471 tCO2e sequestered in FY2025-26.
• Climate action projects: >1 million saplings planted across districts; agroforestry and water conservation initiatives.
• Business continuity ISO 22301; cyber security and data privacy policies publicly linked; 4 trade associations.