Bandhan Bank announced the cessation of Chintaman Mahadev Dixit (DIN: 00524318) as an Independent Director of the Bank effective 08 July 2020 on completion of tenure.

Powered by Capital Market - Live News

Bandhan Bank has allotted 10,274 Equity Shares of face value of Rs. 10/- each fully paid-up to eligible employees of the Bank upon exercise ofthe Options vested with them under the ESOP Series 1.

Post allotment, the issued and paid-up equity share capital of the Bank stands increased from Rs. 1610,27,93,680/- comprising of 161,02,79,368 equity shares of Rs. 10/- each fully paid-up to Rs. 1610,28,96,420/- comprising of 161,02,89,642 equity shares of Rs. 10/- each fully paid-up.

Powered by Capital Market - Live News

Bandhan Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 369.85, up 3.61% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 10757.25. The Sensex is at 36512.63, up 0.07%. Bandhan Bank Ltd has added around 40.49% in last one month.

Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has added around 5.54% in last one month and is currently quoting at 22198.95, up 0.73% on the day. The volume in the stock stood at 202.53 lakh shares today, compared to the daily average of 197.36 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 370.7, up 3.53% on the day. Bandhan Bank Ltd is down 30.45% in last one year as compared to a 6.93% fall in NIFTY and a 26.93% fall in the Nifty Bank index.

The PE of the stock is 19.01 based on TTM earnings ending March 20.

Powered by Capital Market - Live News

Bandhan Bank will hold a meeting of the Board of Directors of the Company on 15 July 2020.

Powered by Capital Market - Live News