In terms of Regulation 30, 33 and 52 of SEBI (LODR) Regulations, 2015, Bank of India has informed that: The Board of Directors of the Bank at its meeting held today 6th May, 2023 considered and approved the Standalone (Audited) and Consolidated (Audited) Financial Results of the Bank for the 4th Quarter and Year ended 31st March, 2023 and Recommended a dividend of Rs. 2.00 (i.e. 20%) per equity share (Face Value Rs 10 each fully paid up) for the FY2022-23 subject to approval of shareholders at the ensuing 27th Annual General Meeting of the Bank. Further, it has enclosed the following: Declaration on Audit Report with unmodified opinion [Regulation 33(3)(d) and 52] & A copy of the Standalone (Audited) and Consolidated (Audited) Financial Results along with the Auditors' Reports. Disclosure of Related Party Transactions on consolidated basis drawn in accordance with the applicable accounting standards for the period ended 31.03.2023 (Regulation 23(9) of the SEBI (LODR) Regulations, 2015. The meeting of the Board of Directors commenced at 11.50 am and concluded at 1.50 pm. The information is also available on Bank's website, under 'Communication to BSE/NSE' on Home Page'.
The above information is a part of company’s filings submitted to BSE.
