Bank of India announces Basel III bond redemption

Bank of India announced the redemption of its Basel III compliant Tier 2 bonds, specifically ISIN No. INE084A08060, with an issued amount of Rs. 3,000 Cr. The due date for interest and redemption is December 31, 2025, with the record date for this redemption set for December 16, 2025. This intimation is in accordance with Regulation 60 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bondholders are informed that trading in the aforementioned bond will be suspended between the record date and the redemption date. Upon payment of the broken period interest and the bond's principal amount by Bank of India on its due date to the holders as on the record date, the bank's liability to the bondholders will cease, and all their rights will be extinguished.

This information was formally communicated to both the National Stock Exchange of India Ltd. and BSE Ltd. by Rajesh V Upadhya, company secretary, ensuring transparent disclosure to the market.