Bank of Baroda has informed that the board of directors of the bank at its meeting held on December 24, 2012, considered and approved issuance of equity shares of face value of Rs. 10 each, for an amount up to Rs. 1550 crores, at such price as may be decided as per SEBI (ICDR) Regulations, on preferential basis in favour of Government of India.
The above information is a part of company’s filings submitted to BSE.