Price fell by 9%, promoters are selling shares; What should investors do now? (Image/AI)
Bandhan Bank Share Price: As soon as the stock market opened today i.e. on Monday, March 16, 2026, the investors of Bandhan Bank got a shock. By 1:31 pm, the bank’s shares were seen trading at ₹159.85, down 8.97% on BSE. There came a time during trading when the shares were locked at ₹ 157.95, touching the lower circuit of 10%.
Why are shares falling? What is the plan of the promoter? The main reason for this tsunami in the market is a media report, which says that the promoters of the bank are preparing to sell their stake to give an exit route to old investors like International Finance Corporation (IFC) and GIC Ventures.
– Large institutional investors like IFC and GIC have been associated with the bank for a long time. Now they want to make profits by selling their stake.
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According to reports, the promoter group has appointed veteran investment banker Jefferies for this entire process. Jefferies is now talking to private equity funds and other investors.
– Currently the promoter group holds 39.74% stake in the bank. One motive for reducing stake could also be to comply with RBI rules.
Board meeting and future preparation
According to reports, this strategic change was discussed in the board meeting of Bandhan Financial Services on Monday. The promoter group has two main options: either sell shares directly or launch a new IPO.
However, there is also a good news for the bank that recently in February, RBI had given approval to SBI Mutual Fund to increase its stake in Bandhan Bank to 9.99%. This shows that large domestic investors are still confident about the bank’s long-term growth.
What should investors do?
Market experts believe that the news of stake sale by the promoter may maintain volatility in the short-term. Bandhan Bank has currently become the top loser in the BSE Midcap Index. Investors are advised not to take any hasty decision and wait for the official statement from the promoter.
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