Bank Of India has informed the Exchange regarding 'Appointment of Secretarial Auditor'.
BANKINDIA · price
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Bank of India's shareholders approved the appointment of M/s Sawant & Associates, Practising Company Secretaries, as the Secretarial Auditor of the Bank at the 29th Annual General Meeting held on 27 June 2025. The appointment is for a five-year period covering FY 2025-26 to FY 2029-30. The firm is led by Ms Prachi Prakash Sawant, who has over 9 years of experience in corporate laws, secretarial audits, and regulatory compliance. This is a standard regulatory disclosure under SEBI's Listing Regulations.
This is a routine compliance-related appointment and is unlikely to have any material impact on the stock price or shareholder value. It reflects adherence to corporate governance norms for listed banks.