AGM Details

  • Meeting Date: Tuesday, June 23, 2026 at 11:00 AM
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Head Office, Vadodara
  • Record Date for Dividend: June 5, 2026
  • Cut-off Date for Voting: June 16, 2026
  • Remote E-Voting Period: June 19, 2026 (9:00 AM) to June 22, 2026 (5:00 PM)

Ordinary Business

Item 1: Financial Results Approval

To discuss, approve and adopt the Balance Sheet as on March 31, 2026, Profit and Loss Account for year ended March 31, 2026, Board of Directors' report, and Auditor's Report.

Item 2: Dividend Declaration

To approve and declare dividend for Financial Year 2025-26 at ₹8.50 per equity share of face value ₹2/- each.

  • Dividend Payment: Within 30 days from AGM date
  • Taxation: Applicable tax will be deducted as per Income Tax guidelines
  • Payment Mode: Electronic mode only (no physical warrants)
  • Eligibility: Shareholders holding shares as on June 5, 2026

Special Business

Item 3: Capital Plan 2026-27 (Special Resolution)

To raise additional capital up to ₹8,500 crore through various modes including:

  • Qualified Institutions Placement (QIP)
  • Follow-on Public Offer (FPO)
  • Rights Issue
  • ADR-GDR
  • Private Placement of Equity
  • Compulsorily Convertible Debentures
  • Or any combination of these modes

Key Conditions:

  • Central Government shareholding to remain at least 51%
  • Issuance to comply with SEBI ICDR Regulations, 2018
  • Securities to be listed on existing stock exchanges
  • Board authorized to determine final terms, pricing, and structure
  • QIP allotment to be completed within 365 days from resolution date

Item 4: Appointment of Shri Ashish Madhaorao More as Non-Executive Director (Ordinary Resolution)

  • Appointment Date: July 24, 2025 (with immediate effect)
  • Background: Indian Administrative Service (IAS) officer, 2005 batch AGMUT cadre
  • Experience: Held various administrative positions in Central Government and Union Territories
  • Current Role: Joint Secretary (Banking), Ministry of Finance
  • Remuneration: No remuneration/compensation payable

Item 5: Reappointment of Shri Lalit Tyagi as Executive Director (Ordinary Resolution)

  • Current Term: November 21, 2022 to November 20, 2025
  • Reappointment: Three years beyond current term or until further orders
  • Experience: 29+ years in banking, previously Chief Executive of US Operations, New York
  • Current Responsibilities: Corporate & Institutional Banking, Treasury & Global Markets, Mid-Corporate Business, International Banking
  • Qualifications: PGDBF from NIBM, Pune; CAIIB

Item 6: Reappointment of Shri Sanjay Vinayak Mudaliar as Executive Director (Ordinary Resolution)

  • Current Term: January 31, 2024 to December 31, 2025
  • Reappointment: Until superannuation date (July 31, 2028) or until further orders
  • Experience: 35+ years in banking and financial institutions, 27+ years with Bank of Baroda
  • Previous Role: Executive Director at Indian Overseas Bank
  • Background: Post Graduate in Science & Technology, Certified Project Management Practitioner

Item 7: Reappointment of Dr. Debadatta Chand as Managing Director & CEO (Ordinary Resolution)

  • Current Term: July 1, 2023 to June 30, 2026
  • Reappointment: Three years beyond current term or until further orders
  • Experience: 31+ years in banking and financial institutions
  • Previous Role: Executive Director at Bank of Baroda (March 2021-June 2023)
  • Qualifications: B.Tech, MBA, CAIIB, Ph.D in Management
  • Current Board Positions: Chairman of BOB Capital Markets, IndiaFirst Life Insurance, BOBCARDS; Director at National Insurance Company

Voting Arrangements

  • Remote E-Voting Agency: National Securities Depository Limited (NSDL)
  • Voting Platform: evoting.nsdl.com
  • Process: Detailed login instructions provided for demat and physical shareholders
  • Scrutinizer: M/s S. N. Ananthasubramanian & Co., Company Secretaries
  • Results: To be announced within 2 working days of AGM

Dividend Information

  • Recommended Dividend: ₹8.50 per equity share (₹2 face value)
  • Record Date: June 5, 2026
  • Payment Timeline: Within 30 days from AGM date
  • Unpaid Dividend: FY 2017-18 and prior already transferred to IEPF
  • Future Transfer Dates: FY 2021-22 (July 27, 2029), FY 2022-23 (August 7, 2030), FY 2023-24 (August 5, 2031), FY 2024-25 (July 23, 2032)

Shareholder Services

  • Registrar & Transfer Agent: KFin Technologies Limited, Hyderabad
  • Investor Services Department: Bank of Baroda, 7th Floor, Baroda Corporate Centre, Mumbai
  • Dematerialization: Strongly encouraged for physical shareholders with detailed process provided
  • Address Changes: Must be updated through respective Depository Participants for demat shares
  • Contact Details: Required for all physical shareholders (PAN, nomination, bank account, specimen signature)

Electronic Communication

  • Document Availability: Annual Report, AGM Notice, and e-voting instructions sent electronically
  • Website Hosting: Documents available on bank website (www.bankofbaroda.bank.in) and stock exchange websites
  • Physical Copies: Available on request for shareholders without email registration

No material disclosures under the following sections:

  • Financial Results (Standalone & Consolidated)
  • Auditor's Report
  • Disinvestment / Strategic Actions
  • Media Release / Investor Communication
  • Other Operational / Legal / Strategic Disclosures