Bank of Baroda approves dividend for FY26 at 30th AGM
Bank of Baroda shareholders approved the adoption of financial statements for FY26 and declared a dividend for FY2025-26 at the 30th AGM held on June 23, 2026. The meeting also approved the Capital Plan for 2026-27 and the re-appointment of Dr. Debadatta Chand as MD & CEO, along with other key directors. All seven resolutions, including one special resolution, were passed with the requisite majority.
*this image is generated using AI for illustrative purposes only.
Bank of Baroda shareholders approved the adoption of financial statements for the year ended March 31, 2026, and declared a dividend for FY2025-26 during the 30th Annual General Meeting held on June 23, 2026. The meeting, chaired by Dr. Debadatta Chand, MD & CEO, also approved the Capital Plan for the upcoming financial year and the re-appointment of senior leadership including the Managing Director and two Executive Directors. The proceedings were submitted to the stock exchanges in compliance with SEBI (LODR) Regulations, 2015.
The resolutions were passed via a hybrid mode combining remote e-voting and e-voting during the meeting. National Securities Depository Limited (NSDL) served as the e-voting agency, while M/s S. N. Ananthasubramanian & Co acted as the Scrutinizer to oversee the process. The remote e-voting facility was open from June 19, 2026, to June 22, 2026.
Voting Results
A total of seven resolutions were presented to the shareholders. These included six ordinary resolutions and one special resolution regarding the Capital Plan for 2026-27. All resolutions were passed with the requisite majority. The special resolution for the Capital Plan received 99.95% assent, while the resolution to adopt financial accounts saw 97.45% approval.
Key Approvals
- Financial Results: Adoption of the Balance Sheet as on March 31, 2026, and the Profit and Loss Account for the year ended March 31, 2026.
- Dividend: Approval and declaration of dividend for FY2025-26.
- Capital Plan: Approval of the Capital Plan for the Financial Year 2026-27.
- Appointments: Re-appointment of Dr. Debadatta Chand as Managing Director and CEO, Shri Lalit Tyagi and Shri Sanjay Vinayak Mudaliar as Executive Directors, and appointment of Shri Ashish Madhaorao More as Non-Executive Director.
Resolution Voting Summary
| Resolution Description | Type | Assent Votes | Dissent Votes | Assent Percentage |
|---|---|---|---|---|
| Adopt Financial Statements | Ordinary | 4,57,94,84,911 | 11,99,29,046 | 97.4480 |
| Declare Dividend | Ordinary | 4,70,27,61,478 | 12,172 | 99.9997 |
| Capital Plan 2026-27 | Special | 4,70,04,32,955 | 23,40,034 | 99.9502 |
| Appoint Ashish Madhaorao More | Ordinary | 4,26,78,00,970 | 43,49,71,129 | 90.7508 |
| Re-appoint Lalit Tyagi | Ordinary | 4,30,32,63,806 | 39,95,05,359 | 91.5049 |
| Re-appoint Sanjay Vinayak Mudaliar | Ordinary | 4,30,66,39,554 | 39,61,32,001 | 91.5766 |
| Re-appoint Dr. Debadatta Chand | Ordinary | 4,67,44,59,682 | 2,83,11,973 | 99.3980 |
Historical Stock Returns for Bank of Baroda
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.27% | -0.96% | +5.18% | -3.92% | +17.38% | +245.27% |
What specific capital allocation strategies will Bank of Baroda pursue under the newly approved Capital Plan for 2026-27?
How will the re-appointment of the senior leadership team influence the bank's strategic direction over the next term?
What impact will the declared dividend for FY2025-26 have on the bank's capital adequacy ratios and future lending capacity?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
