Bank of India shareholders approve director term extensions and new appointment

Bank of India announced the outcomes of its Extraordinary General Meeting (EGM) held on November 7, 2025, via video conferencing. During the EGM, shareholders approved the extension of terms for two executive directors.

Shri P R Rajagopal's term as executive director was extended until July 31, 2027, or until further orders from the Government of India, with 99.73% of votes in favor. Similarly, Shri Subrat Kumar's term as executive director was extended for three years, or until further orders, from November 20, 2025, also with 99.73% of votes in favor.

The EGM also addressed a shareholder director election. Shri Prabodh Parikh was deemed elected for one vacancy, effective from November 29, 2025, for a three-year period, as he was the sole valid nominee and found "Fit & Proper."

The bank also announced that its executives would participate in the "Annual Flagship Conference - Anand Rathi G-200 Summit" on November 12, 2025, in Mumbai. No unpublished price sensitive information is expected to be shared at this conference.