Bank of India has submitted its reconciliation of share capital audit report for the quarter ended March 31, 2026, to both BSE and NSE in compliance with Regulation 76(1) of SEBI (Depositories and Participants) Regulations, 2018. The audit was conducted by Pradeep Purwar & Associates, a practicing Company Secretary firm.

Share Capital Structure

The comprehensive audit report reveals the bank's current share capital composition and distribution across various holding formats:

Key Financial Details

The report highlights that Bank of India maintains equity shares with a face value of ₹10 each. The bank's securities are listed on both major Indian stock exchanges - BSE Limited and National Stock Exchange of India Limited. A significant portion of 3,34,08,61,720 equity shares are held by the Central Government and are classified as non-tradable.

Forfeited Shares Status

The audit report addresses historical share forfeitures, noting that the bank had forfeited 11,85,300 equity shares on March 29, 2003. Subsequently, annulment of forfeiture for 8,200 equity shares was completed by March 31, 2026, leaving 11,77,100 equity shares that remain unlisted on stock exchanges. This accounts for the difference between issued capital and listed capital.

Compliance and Operations

The bank confirmed full compliance with SEBI regulations during the quarter under review. No changes in share capital occurred during the quarter, and the Register of Members remains updated. The report indicates zero pending dematerialization requests beyond the prescribed 21-day period, demonstrating efficient operational processes.

Key Personnel and Service Providers

The audit certification was issued on April 8, 2026, by Pradeep Kumar Purwar, Proprietor of Pradeep Purwar & Associates, confirming the bank's adherence to all prescribed SEBI regulations for the quarter ended March 31, 2026.

Bank of India has announced strategic changes in its senior management assignments, focusing on key technology leadership positions. The public sector bank communicated these changes to stock exchanges on April 7, 2026, ensuring compliance with regulatory requirements under SEBI (LODR) Regulations, 2015.

Senior Management Reassignments

The bank has implemented significant changes in its technology leadership structure through strategic reassignments of two senior executives. These changes are designed to optimize the bank's technological capabilities and information management systems.

Technology Leadership Transition

The reassignment involves a strategic shift in technology leadership roles within the bank's senior management structure. Shri Satyendra Singh, who previously served as Chief Technology Officer at the Head Office, will now assume the role of Chief Information Officer. This transition represents a shift from technology operations to information management and strategic oversight.

Simultaneously, Shri Ashutosh Mishra will transition from his current position in CFTO & Data Analytics to become the new Chief Technology Officer. This appointment brings his expertise in data analytics and financial technology operations to the core technology leadership role.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, specifically under sub clause 7 of para A of schedule 3. The bank's Company Secretary, Usha Ramsinghani, signed the official communication digitally on April 7, 2026, ensuring proper documentation and regulatory compliance.

These senior management changes reflect the bank's commitment to strengthening its technology infrastructure and information management capabilities through strategic leadership positioning.