Bank of India fixes May 29 record date for FY26 dividend

1 min read     Updated on 28 May 2026, 09:30 AM
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Bank of India has fixed May 29, 2026 as the record date for a ₹4.65 per share dividend for FY26, pending AGM approval. The bank will deduct TDS based on shareholder records, requiring document submission by June 8, 2026.

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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.

Key AGM and Dividend Details

Particulars Details
Dividend per share ₹4.65 (46.50%)
Face Value ₹10 each
Financial Year FY26
Record Date May 29, 2026
Document Submission Deadline June 8, 2026

Historical Stock Returns for Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+3.04%+4.29%+1.27%+3.50%+17.53%+81.19%

How will this dividend payout impact Bank of India's capital adequacy ratios and future lending capacity?

What is the market's outlook on Bank of India's dividend sustainability given the projected earnings for FY27?

How might the TDS deduction requirements influence foreign investor sentiment towards the stock?

Bank of India meets investors at Trinity 2026 conference

0 min read     Updated on 28 May 2026, 07:12 AM
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Bank of India representatives met with SBI Mutual Fund and ICICI Pru Life at the 360 ONE Capital (B&K) 16th Annual Investor Conference on May 27, 2026. The meetings were one-to-one physical interactions managed by B&K Securities India Pvt. Ltd. The bank relied on publicly available documents and confirmed no unpublished price sensitive information was shared.

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Bank of India representatives participated in the 360 ONE Capital (B&K) 16th Annual Investor Conference, TRINITY INDIA 2026, engaging in one-to-one physical meetings with investors. The bank met with SBI Mutual Fund and ICICI Pru Life during the event held on May 27, 2026. The interaction was managed by B&K Securities India Pvt. Ltd., and the bank relied on publicly available documents for discussions.

The disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank confirmed that no unpublished price sensitive information was shared during the meetings.

Conference Details

The table below summarizes the key particulars of the investor interaction:

Sr.No. Particulars Information by the Bank
1. Date of Conference 27th May, 2026
2. Details and/or Mode of the meet/Call One-to-one physical meeting
3. Investors met SBI Mutual Fund, ICICI Pru Life
4. Presentation copy for the meet NA

Historical Stock Returns for Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+3.04%+4.29%+1.27%+3.50%+17.53%+81.19%

What specific growth strategies did Bank of India highlight to SBI Mutual Fund and ICICI Pru Life during the meeting?

How might the feedback from these major institutional investors influence Bank of India's future capital allocation plans?

What are the expected market reactions to Bank of India's proactive investor engagement ahead of the fiscal year-end?

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1 Year Returns:+17.53%