Announced Mon, 15 Jun · 19:20 IST
Bank of India 30th AGM: Dividend, Accounts & ED Appointment Approved
Board & Shareholder Meetings View source PDF
BANKINDIA · price
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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹146.31
prior close
₹146.80
base price
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AI summary
Bank of India held its 30th AGM on June 15, 2026 via video conference. All three resolutions were passed: (1) adoption of audited financial statements for FY26 (98.77% in favor), (2) dividend of Rs.4.65 (46.50%) per equity share for FY25-26 (99.84% in favor), and (3) appointment of Shri Pramod Kumar Dwibedi as Executive Director (94.87% in favor). Government of India holds 73.38% stake and supported all resolutions.
Likely market impact
Confirms Rs.4.65/share dividend for FY26 and new ED appointment. Strong shareholder approval signals continuity. Dividend income for eligible shareholders.