Bank Of Baroda has informed the Exchange about Notice of 30th Annual General Meeting
BANKBARODA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bank of Baroda has called its 30th AGM on June 23, 2026 at 11:00 AM via video conferencing. The meeting will seek shareholder approval for FY2025-26 financial results and declare a dividend of Rs. 8.50 per equity share (FV Rs. 2). A major agenda item is the Capital Plan 2026-27 seeking approval to raise up to Rs. 8,500 crore through QIP, FPO, rights issue, ADR-GDR, or private placement. Key board changes include appointment of Ashish Madhaorao More as Non-Executive Director and reappointment of MD & CEO Dr. Debadatta Chand for 3 years, along with two Executive Directors. Remote e-voting runs from June 19-22, 2026.
Shareholders should note the significant Rs. 8,500 crore capital raise plan which may cause equity dilution, while the Rs. 8.50 dividend provides near-term return. Leadership continuity with MD reappointment is positive for stability.