Bandhan Bank shareholders approve key director appointments

Bandhan Bank Limited announced the approval of two director appointments via remote e-voting, with the postal ballot concluding on December 11, 2025. Shareholders passed an ordinary resolution for the appointment of avijit mukerji as a non-executive non-independent director (nominee of Bandhan Financial Holdings Limited) with a significant 95.69% of valid votes cast in favor. For this resolution, 970,671,427 shares were voted in favor, and 43,749,767 shares against.

A special resolution for the appointment of gauri prosad sarma as an independent director also passed, securing 99.23% of valid votes cast in favor. This resolution saw 1,010,737,406 shares voted in favor and 7,832,831 shares against. The voting process was scrutinized by CS Hansraj Jaria, and the results were deemed approved on December 11, 2025.

The bank highlighted that, in accordance with Section 12(2) of the Banking Regulation Act, 1949, voting rights exceeding 26% for any shareholder are not considered. Bandhan Financial Holdings Limited's voting rights were thus considered up to 26% of the total voting rights.