Bank of Baroda sells 76.9 lakh NSE shares in IPO OFS for ₹1,372 crore

0 min read | Published on 24 Sept 2026, 08:20 PM |Updated on 24 Sept 2026, 08:23 PM

Reviewed by

Shraddha JScanX News Team

Add as a preferred
source on Google

Key Highlights

Bank of Baroda sold 76,90,375 NSE equity shares via IPO Offer for Sale
Gross consideration from the transaction stood at ₹1,372.35 crore
Disclosure filed under Regulation 30 of SEBI LODR Regulations, 2015

*this image is generated using AI for illustrative purposes only.

Bank of Baroda sold 76,90,375 equity shares of the National Stock Exchange of India (NSE) through an offer for sale (OFS) as part of NSE's initial public offering, realising a gross consideration of ₹1,372.35 crore.

Transaction details

The sale was conducted under the OFS route as part of NSE's IPO process. The bank disclosed the transaction to BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarises the key details of the transaction:

Parameter	Details
Shares sold	76,90,375
Total proceeds	₹1,372.35 crore
Route	IPO offer for sale (OFS)
Seller	Bank of Baroda
Exchange	National Stock Exchange of India
Disclosure date	September 24, 2026

The OFS mechanism allows existing shareholders to divest their holdings to the public as part of a company's IPO process, without the issuing company raising fresh capital. This disclosure references a prior letter dated September 8, 2026, regarding the sale of shares in the IPO.

Historical Stock Returns for Bank of Baroda

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.08%	-0.29%	-5.14%	-11.88%	-7.48%	+194.16%

How will Bank of Baroda allocate the ₹1,372.35 crore proceeds to impact its capital adequacy ratio and future lending capacity?

What is the expected timeline for other major NSE shareholders to execute their respective Offer for Sale tranches?

How might the successful completion of this OFS tranche influence investor sentiment and demand during the final pricing phase of the NSE IPO?

Bank of Baroda

View Company Insights

View All News

Bank of Baroda extends ED Lal Singh tenure to Jan 2027

1 min read | Published on 23 Sept 2026, 07:02 PM |Updated on 23 Sept 2026, 07:02 PM

Reviewed by

Shriram SScanX News Team

Add as a preferred
source on Google

Key Highlights

Central Government extends Lal Singh's tenure as Bank of Baroda ED
New term ends at superannuation on January 31, 2027
Previous notified term was set to expire on October 8, 2026
Extension granted under Banking Companies Act and Nationalized Banks Scheme

*this image is generated using AI for illustrative purposes only.

Bank of Baroda has announced that the Central Government has extended the tenure of Executive Director Lal Singh until his superannuation on January 31, 2027. This extension supersedes his previously notified term which was scheduled to end on October 8, 2026.

The decision was taken in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with paragraph 8(1) of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970. The notification was issued on September 23, 2026.

Tenure details

The extension applies to Lal Singh, whose date of birth is recorded as January 11, 1967. The new term will continue until further orders or until the date of superannuation, whichever occurs earlier.

Detail	Information
Executive Director	Lal Singh
Date of Birth	January 11, 1967
Previous Term End	October 8, 2026
New Term End	January 31, 2027 (Superannuation)
Notification Date	September 23, 2026

The company secretary, S Balakumar, confirmed the development and requested stock exchanges to take note of the information pursuant to Regulation 30 of SEBI (LODR) Regulations.

Historical Stock Returns for Bank of Baroda

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.08%	-0.29%	-5.14%	-11.88%	-7.48%	+194.16%

How might the extended leadership stability under Lal Singh influence Bank of Baroda's long-term strategic initiatives and asset quality management?

What are the potential succession planning challenges for the Central Government regarding other key executive roles at Bank of Baroda in the coming fiscal years?

Could this tenure extension signal a broader trend of retaining experienced public sector bank leadership to navigate upcoming regulatory or economic shifts?

Bank of Baroda

View Company Insights

View All News