Bank of India to hold 30th AGM on June 15, 2026; Declares ₹4.65 Dividend
Bank of India will hold its 30th AGM on June 15, 2026, via VC/OVAVM. A dividend of ₹4.65 per equity share for FY25-26 will be declared. The record date for dividend is May 29, 2026. Shri Pramod Kumar Dwibedi's appointment as Executive Director will be considered.
The AGM is a routine event, but the declaration of a dividend and a key management appointment are material to shareholders, warranting a medium impact. The virtual nature of the meeting may slightly reduce direct engagement impact.
The announcement details the upcoming AGM, a standard corporate event. The declaration of a dividend and the appointment of a new Executive Director are positive developments for the company and its stakeholders.
Bank of India (BOI) announced that its 30th Annual General Meeting (AGM) will be held on Monday, June 15, 2026, at 11:00 AM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OVAVM). The record date for dividend entitlement has been fixed as May 29, 2026. The cut-off date for e-voting and participation in the AGM via VC is June 8, 2026. Remote e-voting will be open from 9:00 AM on June 12, 2026, and will close on June 14, 2026, at 5:00 PM.
During the AGM, the bank will discuss and adopt the Audited Balance Sheet and Profit and Loss Account for the financial year ended March 31, 2026. A significant agenda item is the declaration of a dividend of ₹4.65 per equity share (46.50%) for the financial year 2025-26. The Board of Directors had recommended this dividend on May 8, 2026.
Furthermore, the appointment of Shri Pramod Kumar Dwibedi as Executive Director of the Bank will be considered. This appointment, effective from his assumption of charge until his superannuation on June 30, 2028, has been approved by the Department of Financial Services, Ministry of Finance, Government of India.
The bank has provided detailed instructions for shareholders regarding e-voting, joining the AGM, and updating their details. Physical attendance of shareholders is dispensed with for this AGM, which is being held in compliance with Ministry of Corporate Affairs circulars permitting virtual meetings.
What to do with a filing like this
Bank of India filed this with the NSE as a statutory disclosure, categorised under agm. 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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See the model portfoliosA plain-language summary of a public exchange filing by Bank of India. Read the original for the full detail.