Bank of India promotes Vikash Krishna to Chief General Manager

bank of india has elevated Shri Vikash Krishna from the position of General Manager to Chief General Manager effective June 01, 2026. The bank communicated this change in senior management to the stock exchanges, citing Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015. The elevation marks a structural change within the bank's executive hierarchy.

Management Change Details

The transition involves the promotion of Shri Vikash Krishna, who previously served as General Manager. The new designation of Chief General Manager is effective from the specified date in June 2026. The disclosure was formally submitted to the National Stock Exchange of India Ltd. and BSE Ltd. by the bank's Investor Relations Department.

Regulatory Compliance

The filing was made in compliance with the regulatory framework governing listed entities. The notification was signed by Usha Ramsinghani, Company Secretary of Bank of India, on June 01, 2026. The bank requested the exchanges to place the information on record.

Detail	Information
Person Promoted	Shri Vikash Krishna
Previous Designation	General Manager
New Designation	Chief General Manager
Effective Date	June 01, 2026
Regulation Reference	Regulation 30 and 51 of SEBI (LODR) Regulations, 2015

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.16%	-4.97%	-0.13%	-0.43%	+12.12%	+74.18%

Bank of India has fixed May 29, 2026 as the record date to determine shareholder eligibility for a dividend of ₹4.65 per equity share for the financial year ended March 31, 2026. The payout, recommended by the Board on May 08, 2026, is subject to shareholder approval at the ensuing 30th Annual General Meeting (AGM). Shareholders holding shares in electronic or physical form as of the record date will qualify for the dividend.

Tax Deduction Requirements

In accordance with the Income Tax Act, 1961, as amended by the Finance Act, 2020, dividends paid or distributed after April 1, 2020 are taxable in the hands of shareholders. Consequently, the Bank is required to deduct tax at source (TDS) at the time of payment. The applicable TDS rate will depend on the residential status of the shareholder and the necessary documents submitted and accepted by the Bank.

Shareholders are requested to submit required documents or forms via email to Headoffice.share@bankofindia.bank.in and tds@bigshareonline.com on or before June 8, 2026. The Bank will deduct TDS based on records available with the Registrar and Transfer Agent (RTA), and no requests for revisions to TDS returns will be entertained thereafter.