Bank Of Baroda has informed the Exchange regarding Appointment of Mr Ashish Madhaorao More as Other of the company w.e.f. July 24, 2025.
BANKBARODA · price
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Bank of Baroda has informed the stock exchanges about the appointment of Mr. Ashish Madhaorao More as a Government of India Nominee Director on its board, effective July 24, 2025. He replaces the existing nominee director, Shri M P Tangirala. Mr. More is a 2005-batch IAS officer of the AGMUT cadre and currently serves as Joint Secretary (Banking) in the Ministry of Finance's Department of Financial Services. The appointment was made by the Central Government under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and is effective until further orders.
This is a routine government nominee director change at a public sector bank and is unlikely to have any material impact on the stock price or business operations. Shareholders should note continuity in government oversight of the bank.