Bank Of Baroda has informed the Exchange about Proceeding and Voting Results of 29th AGM held on 23.06.2025
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Bank of Baroda held its 29th Annual General Meeting on 23rd June 2025 via video conferencing, chaired by MD & CEO Shri Debadatta Chand. Six resolutions were put to vote, including approval of FY25 financial results, declaration of dividend, capital plan for FY26, appointment of two directors, and appointment of a new secretarial auditor. All resolutions were passed with the requisite majority, with 5 ordinary resolutions and 1 special resolution (capital plan) approved. The financial results resolution received 99.70% approval, dividend declaration got 99.99% support, and the capital plan got 99.94% support. Director appointments received comparatively lower support — Smt. Beena Vaheed as Executive Director got 94.44% approval and Shri Manoranjan Mishra as Non-Executive Director got 93.06%.
Routine AGM business completed successfully with shareholder approval of dividend and capital raising plans, both of which are positive signals. The slightly lower (though still strong) voting percentages on director appointments suggest some shareholder dissent on board composition, which is worth monitoring but not a material concern.