Shareholding Pattern: Shareholding Pattern Bandhan Bank Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Shareholder Name	Previous Quater Quantity(In Crores)	Current Quater Quantity(In Crores)	Previous Quater Shares(in %)	Current Quater Shares(in %)	Quater to Quater Difference
Promoters	64.41	64.41	39.98	39.98	0
Public	96.68	96.69	10.41	16.33	+5.92 %
DII	23.84	20.02	14.8	12.43	-2.37 %
FII	55.97	50.24	34.74	31.19	-3.55 %
Government	0.11	0.11	0.07	0.07	0

Promoters shareholding remained stable, at 39.98% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 10.41% in December 2023 to 16.33% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 14.8% in December 2023 to 12.43% in March 2024 , indicating that domestic institutions reduced their -2.37 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 34.74% in December 2023 to 31.19% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0.07%.This indicates that the government’s stake in the company remained consistent during this period.

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	9.892	17.333	6.14	10.76	+ 4.62 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	3.183	5.031	1.98	3.12	+ 1.14 %
Non Resident Indians (NRIs)	0.669	0.823	0.42	0.51	+ 0.09 %
Bodies Corporate	1.364	1.214	0.85	0.75	-0.1 %
Any Other (specify)	1.369	1.618	0.85	1	+ 0.15 %
HUF	0.328	0.577	0.2	0.36	+ 0.16 %

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 4.62 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.14 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.09 %.Observations show a significant difference of -0.1 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.15 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.16 %.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Mutual Funds/	15.514	12.988	9.63	8.06	-1.57 %
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C	2.637	1.690	1.64	1.05	-0.59 %
TATA LARGE AND MID-CAP FUND	0	1.762	0	1.09	+1.09%
Alternate Investment Funds	0.136	0.066	0.08	0.04	-0.04 %
Banks	0.018	0.002	0.01	0	-0.01 %
Insurance Companies	8.167	6.956	5.07	4.32	-0.75 %
TATA ARBITRAGE FUND	1.755	0	1.09	0	-1.09%
KOTAK EQUITY ARBITRAGE FUND	2.050	0	1.27	0	-1.27%
NIPPON LIFE INDIA TRUSTEE LTD-A/C	2.350	0	1.46	0	-1.46%

Mutual Funds/ decreased their stake from 8.06% in the previous quarter to 9.63% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.57 %.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C decreased their stake from 1.05% in the previous quarter to 1.64% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.59 %.Alternate Investment Funds decreased their stake from 0.04% in the previous quarter to 0.08% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.Banks decreased their stake from 0% in the previous quarter to 0.01% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 4.32% in the previous quarter to 5.07% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.75 %.TATA LARGE AND MID-CAP FUND had no shares in the previous quarter but now holds 1.09% of shares in the current quarter.TATA ARBITRAGE FUND had 1.09% of shares in the previous quarter but exited in the current quarter.KOTAK EQUITY ARBITRAGE FUND had 1.27% of shares in the previous quarter but exited in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C had 1.46% of shares in the previous quarter but exited in the current quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I	47.243	41.703	29.33	25.89	-3.44 %
MFS EMERGING MARKETS EQUITY FUND	1.671	1.709	1.04	1.06	+ 0.02 %
Foreign Portfolio Investors Category II	2.202	2.023	1.37	1.26	-0.11 %
KOTAK FUNDS – INDIA MIDCAP FUND	1.821	0	1.13	0	-1.13%
BNP PARIBAS FINANCIAL MARKETS	3.073	0	1.91	0	-1.91%

Stakeholding dwindled by -3.44 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for MFS EMERGING MARKETS EQUITY FUND, which experienced a significant increase of 0.02 % .Stakeholding dwindled by -0.11 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.KOTAK FUNDS – INDIA MIDCAP FUND had 1.13% of shares in the previous quarter but exited in the current quarter.BNP PARIBAS FINANCIAL MARKETS had 1.91% of shares in the previous quarter but exited in the current quarter.