Bank of Baroda
Nature of the Event
This is a regulatory disclosure regarding the outcome of a meeting of the Capital Raising Committee of Bank of Baroda, filed pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Key Quantitative Figures
The Committee approved raising additional capital up to ₹6,000 crore (Indian Rupees Six Thousand Crore).
Dates of Action
The meeting was held on August 7, 2026. The capital raising is approved to be undertaken in tranches up to March 31, 2027, and beyond that date if found expedient. The original approval from the Board of Directors was granted in a meeting held on May 8, 2026. The meeting commenced at 11:00 AM and concluded at 12:05 PM.
Parties or Entities Involved
The decision was made by the Capital Raising Committee of Bank of Baroda. The disclosure is addressed to BSE Ltd. and the National Stock Exchange of India Ltd.
Purpose or Stated Rationale
The purpose is to raise additional capital to meet the bank's requirements.
Capital Structure Impact
The capital will be raised by way of issuing Additional Tier 1 (AT1) and/or Tier II bonds. The issuance will increase the bank's tier 1 and/or tier 2 capital base.