In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bank of Baroda has informed that Bank has received Letter of Appointment from the Pension Fund Regulatory and Development Authority to act as Sponsor of Pension Fund under PFRDA (Registration of Pension Funds) Guidelines, 2026. Accordingly, Bank proposes to set up a Pension Fund Management Company subject to other regulatory approvals. The Bank will make further disclosures as and when there are material developments in the matter.
The above information is a part of company’s filings submitted to BSE.