Bank of India schedules EGM for director appointments, term extensions

Bank of India has scheduled an Extraordinary General Meeting (EGM) for Friday, November 7, 2025, at 1:00 PM, via video conferencing and other audio visual means. Shareholders will consider the election of one shareholder director, with the cut-off date for eligibility to nominate, contest, and vote set for Monday, October 13, 2025. Nominations must be submitted by Thursday, October 23, 2025, with scrutiny on Friday, October 24, 2025. The newly elected director will assume office from November 29, 2025, for a three-year term.

Additionally, the EGM will address the extension of terms for two executive directors: P. R. Rajagopal and Subrat Kumar. Rajagopal's term is proposed to be extended beyond its current expiry of February 28, 2026, until his superannuation on July 31, 2027, or until further orders. Similarly, Kumar's term is proposed to be extended beyond its current expiry of November 20, 2025, for three years, or until further orders. The cut-off date for voting on these extensions is Friday, October 31, 2025, with remote e-voting available from November 3 to November 6, 2025.