With reference to letter No BCC:ISD:110:16:543 dated December 12, 2018 and advise that the designated committee of the Board; Bank of Baroda has informed that Capital Raising Committee of the bank has approved today issuance of Tier-II Capital Bonds compliant with Basel III Capital Regulations of the Reserve Bank of India for issue size not exceeding upto Rs 525 crore, with a base issue size upto Rs 200 crore and a Green shoe option to retain oversubscription upto Rs 325 crore. The above is pursuant to Regulation 30 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company's filings submitted to BSE.