Change in Director / Key Managerial Personnel
Nature of change: Resignation
Name and DIN of the individual: Mr. Sumit Sachdeva. DIN not provided in the disclosure.
Effective date and tenure: The cessation is effective 09.09.2026. The tenure of the appointment was not disclosed.
Brief profile and relevant qualifications or experience: Not provided (NA) as this is a resignation.
Confirmation of eligibility under SEBI/BSE/NSE norms: Not mentioned.
Relationship with other directors: Not disclosed.
Previous KMP: Mr. Sumit Sachdeva held the position of HEAD - Large Corporate Relationships. His tenure ended due to his resignation.
Resignation Details: The resignation was tendered via email on 13-Aug-26 at 10:37 PM. The reasons provided were "Personal & Professional aspirations" and a desire "to pursue a new professional opportunity beyond banking." The resignation letter expressed gratitude for the opportunities provided by the bank and promised a smooth transition of responsibilities. The employee requested his last working date to be in the first week of September 2026.
Key Financial or Operational Approvals
This section does not apply to the provided data, as the disclosure is solely regarding a management personnel change and does not contain information on financial approvals, capex, or auditor opinions.
Strategic or Business Context
This section does not apply to the provided data, as the disclosure is solely regarding a management personnel change and does not contain any business outlook, segment insights, or strategic commentary.
Any Other Material Information
The disclosure was made to BSE Ltd. and the National Stock Exchange of India Ltd. pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company requested the exchanges to upload the information on their websites.
The formal communication was signed by S Balakumar, Company Secretary of Bank of Baroda. The BSE Scrip Code is 532134 and the NSE Symbol is BANKBARODA.