Bank of India Recommends ₹4.65 Dividend, Approves FY26 Results
Bank of India's Board approved FY26 audited financial results and recommended a dividend of ₹4.65 per share. The record date for dividend payment is May 29, 2026. The 30th AGM will be held on June 15, 2026, via VC/OAVM.
The dividend recommendation and financial results approval are significant for shareholders and stakeholders, impacting investor sentiment and the bank's financial standing.
The announcement is positive due to the recommendation of a dividend and the approval of financial results.
Bank of India's Board of Directors, in a meeting held on May 8, 2026, approved the Audited Financial Results for the 4th Quarter and the Financial Year ended March 31, 2026. The Board recommended a dividend of ₹4.65 (46.50%) per equity share for FY2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The Bank has fixed May 29, 2026, as the record date for dividend payment. The 30th Annual General Meeting is scheduled for June 15, 2026, and will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).
The financial results include both standalone and consolidated figures, along with segment results, cash flow statements, statements of assets and liabilities, and the audit report. The meeting commenced at 3:30 PM and concluded at 5:10 PM. The financial results are also available on the Bank's website.
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Bank of India filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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