Bank of Baroda has announced the appointment of Mr. Mehrotra Manish Nath as Head (In-Charge) - Treasury & Global Markets, Special Treasury, Mumbai, effective April 18, 2026. This appointment follows the earlier cessation of Mr. Sushanta Kumar Mohanty from the position of Chief General Manager & Head-Treasury and Global Markets on April 15, 2026, who was identified for a new role as Executive Director at Bank of Maharashtra. Both announcements were made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

New Appointment Details

Mr. Mehrotra Manish Nath brings extensive experience to his new role, having served over 27 years in the bank. He holds a Bachelor degree in Commerce, PG Diploma in Business Administration, and Diploma in Investment & Treasury Management. The appointment was made pursuant to DFS orders dated April 18, 2026.

Previous Management Transition

The cessation of Mr. Sushanta Kumar Mohanty became effective on April 15, 2026, following a DFS notification (Reference No. eF.No.4/4/2024-BO.I dated April 15, 2026). His departure was necessitated by his identification as Executive Director at Bank of Maharashtra.

Regulatory Compliance

The bank has consistently fulfilled its regulatory obligations by promptly notifying both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) about these senior management changes. Company Secretary S Balakumar signed both official communications, ensuring all stakeholders are informed of the transitions in accordance with SEBI guidelines.

Treasury and Global Markets Leadership

The treasury and global markets function remains critical to the bank's operations, overseeing treasury operations and international market activities. The seamless transition in leadership demonstrates the bank's commitment to maintaining operational continuity and corporate governance standards during management changes.

Bank of Baroda witnessed significant institutional trading activity on the National Stock Exchange (NSE) through a substantial block trade transaction. The trade represents a notable movement in the bank's shares, highlighting continued institutional interest in the public sector banking stock.

Block Trade Details

The transaction involved a considerable volume of shares with specific pricing parameters that reflect current market conditions for the banking stock.

Market Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders seeking to transact significant volumes without impacting regular market prices. These transactions are conducted outside the normal trading mechanism to ensure efficient execution of large orders.

The execution price of Rs. 277.81 per share provides insight into the current valuation levels at which institutional participants are willing to transact in Bank of Baroda shares. Such transactions often indicate strategic portfolio adjustments or institutional rebalancing activities.

Transaction Impact

The block trade represents a substantial transaction value of Rs. 20.83 crores, demonstrating the scale of institutional participation in Bank of Baroda's stock. The specific pricing and volume parameters reflect the current market dynamics for the public sector banking stock and institutional appetite for the shares.