Bandhan Bank share up 1.90 amid stake dilution report

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Bandhan Bank Share

Bandhan Bank share news update

Today bandhan bank share opened at 184 and mark highest at 188.

Reports indicate that Ghosh is exploring options regarding his ownership in Bandhan Financial Services, which may involve selling a portion of his stake in the promoter group. Sources mention that he has commenced discussions with various banks and private equity (PE) investors, although these talks are still in their preliminary phases.

According to two bankers, Ghosh has initiated initial discussions with several banks regarding the potential purchase of his stake in the holding company. However, the feedback received so far has not been particularly encouraging. Additionally, he has approached a few private equity investors, but discussions with them are also in the early stages.

The report suggests that Ghosh might consider retaining a 10 percent ownership stake in the company.

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