Bank of India


BSE: 532149 | NSE: BANKINDIA | ISIN: INE084A01016 
Market Cap: [Rs.Cr.] 19,346 | Face Value: [Rs.] 10
Industry: Banks - Public Sector

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Board Meet

13-May-13 
Bank of India has informed BSE that a meeting of the Board of Directors of the Bank will be held on May 13, 2013, inter alia, to consider and approve Audited Financial Results of the Bank for the quarter/year ended March 31, 2013 and for consideration of dividend, if any. Bank of India has informed BSE that the Board of Directors of the Bank at its meeting held on May 13, 2013, inter alia, has recommended a dividend of 100 % i.e. Rs. 10/- per share on the face value of Rs. 10/- each for the year 2012-13 by parent Bank subject to approval of shareholders. (As per BSE Announcement Dated on 13.05.2013) 
28-Jan-13 
Bank of India has informed BSE that a meeting of the Board of Directors of the Bank will be held on January 28, 2013, inter-alia to consider and approve, Unaudited (Reviewed) Financial Results of the Bank for the quarter/nine months ended December 31, 2012 (Q3). 
29-Oct-12 
Quarterly Results Bank of India has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 29, 2012, inter alia, to consider and approve, Unaudited (Reviewed) Financial Results of the Bank for the quarter and half year ended September 30, 2012 (Q2). (As per BSE Announcement Dated on 19.10.2012)  
27-Jul-12 
Bank of India has informed BSE that a meeting of the Board of Directors of the Bank will be held on July 27, 2012, inter-alia, to consider and approve, Unaudited (Reviewed) Financial Results of the Bank for the quarter ended June 30, 2012 (Q1). 
07-May-12 
Bank of India has informed BSE that a meeting of the Board of Directors of the Bank will be held on May 07, 2012, inter alia, to consider and approve, Consolidated, Audited Financial Results of the Bank for the year ended March 31, 2012. 

AGM

29-Jun-12
Bank of India has informed BSE that the Register of Members & Share Transfer Books of the Bank will remain closed from June 23, 2012 to June 29, 2012 (both days inclusive) for the purpose of Payment of Dividend & 16th Annual General Meeting (AGM) of the Bank to be held on June 29, 2012. Further, the dividend if declared will be dispatched and paid from July 09, 2012. Bank of India has informed BSE that the 16th Annual General Meeting (AGM) of the Bank will be held on June 29, 2012. (A sPer BSE ANnouncement Website Dated on 21/06/2012) Bank of India has informed BSE regarding the details of voting results of the Annual General Meeting of the Bank held on June 29, 2012 under clause 35A. Bank of India has informed BSE that the 16th Annual General Meeting (AGM) of the Bank was held on June 29, 2012. (As Per BSE Announcement Dated on 02.07.2012) 
21-Oct-11
Bank Of India has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the shareholders of the Bank to be held on October 21, 2011. 
14-Jul-11
Bank of India has informed BSE that the Register of Members & Share Transfer Books of the Bank will remain closed from July 09, 2011 to July 14, 2011 (both days inclusive) for the purpose of Payment of Dividend & 15th Annual General Meeting (AGM) of the Bank to be held on July 14, 2011. Further, the dividend if declared will be dispatched and paid from July 25, 2011. Bank of India has informed BSE that the 15th Annual General Meeting (AGM) of the Company will be held on July 14, 2011, inter alia, at Sir Sitaram and Lady Shantabai Patkar Convocation Hall, 1 Nathibai Thackersey Road, Queens Road, Fort, (Near Church Gate Railway Station) Mumbai - 400 020, to transact the following business: 1. To discuss, approve and adopt the audited balance sheet as at March 31, 2011, profit and loss account for the year ended March 31, 2011, Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors Report on the Balance Sheet and Accounts. 2. To declare dividend on Equity Shares for the financial year 2010-11. 3. Authority to the Board of Directors of the Bank of India (the 'Bank') (hereinafter referred to as the 'Board', which term shall be deemed to include any committee(s) constituted / to be constituted by. the Board to exercise its powers including the powers conferred by this Resolution) on behalf of the Bank, to create, offer, issue and allot including by way of further public offer(fast track or otherwise) and / or rights issue and / or qualified institutional placement and / or private placement and / or preferential allotment in terms of the SEBI ICDR Regulations, equity shares and / or equity shares through depository receipts and / or securities convertible into equity shares at the option of the holder(s) of such securities, and / or any instruments or securities representing either equity shares and / or convertible securities linked to equity shares and or bonds (all of which are hereinafter collectively referred to as Securities) to all eligible investors including Residents and / or Non residents, whether Institutions, Incorporated Bodies, Foreign Institutional Investors, Qualified Institutional Buyers, Banks, Mutual Funds, Insurance Companies, Pension Funds, Trusts, Stabilizing Agents and / or otherwise and / or a combination thereof, whether or not such investors are members, promoters, directors or their relatives / associates of the Bank, through one or more prospectus and / or letter of offer or offering circular or any offer document and / or placement document, for, or which upon exercise of all Securities so issued and allotted could give rise to the issue of equity shares not exceeding 18,00,00,000 (Eighteen crore) equity shares of the Bank of face value of Rs. 10 (Rupees Ten) each including those proposed to be issued pursuant to conversion of convertible securities, inclusive of permissible green shoe option for cash and allotment to be made at such time in one or more tranche or tranches, at such price or prices, at market price(s) or at a discount or premium to market price(s) including at the Board's discretion under relevant rules, regulations and guidelines of the relevant authority in such manner, including allotment to stabilizing agents in terms of green shoe option, if any, exercised by the Bank, and where necessary in consultation with the Book Running Lead Managers and / or Underwriters and / or Stabilizing Agents and/ or Advisors / Lead Managers or otherwise on such terms and conditions, including issue of securities as fully or partly paid, making of calls and manner of appropriation of application money or call money, in respect of different class(es) of investor(s) and / or in respect of different Securities, as the Board may in its absolute discretion decided at the time of issue of the Securities, subject to necessary provisions & approvals. (As Per BSE Announcement Website dated on 15.06.2011) Bank of India has informed BSE that 15th Annual General Meeting (AGM) of the Bank was held on July 14, 2011. (Asd Per BSE Annoncement Website Dated on 15/07/2011) 
14-Jul-10
Bank of India has informed BSE that the Register of Members & Share Transfer Books of the Bank will remain closed from July 10, 2010 to July 14, 2010 (both days inclusive) for the purpose of Payment of 14th Annual General Meeting (AGM) of the Bank to be held on July 14, 2010. Bank of India has informed BSE that 14th Annual General Meeting (AGM) of the Shareholders of the Bank will be held on July 14, 2010, inter alia, to transact the following business: 1. To discuss, approve and adopt the Balance Sheet of the Bank as at March 31, 2010, Profit and Loss Account of the Bank for the year ended March 31, 2010. Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts. 2. To declare the final Dividend on Equity Shares for the Financial year 2009-2010. Bank of India has informed BSE that the Annual General Meeting (AGM) of the Bak as held on July 14, 2010. Outcome of AGM : The Chairman moved the two resolutions relating to approval and adoption of Audited Balance Sheet as at March 31, 2010, Profit and Loss Account of the Bank for the year ended March 31, 2010, report of Board of Directors and Auditors' Report and confirmation of declaration of dividend of Rs. 7/- per share for the year ended March 31, 2010. Both the resolutions were carried unanimously. (As Per BSE Announcement Website dated on 15.07.2010) 
11-Jul-09
Bank of India has informed BSE that the 13th Annual General Meeting (AGM) of the Members of the Bank will be held on July 11, 2009, inter alia, to transact the following business: 1. To discuss, approve and adopt the Audited Balance Sheet as at March 31, 2009, Profit and Loss account of the Bank for the year ended March 31, 2009, Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts. 2. To confirm the payment of Interim Dividend and declare Final Dividend on Equity Shares for the Financial Year 2008-09. Bank of India has informed BSE that the 13th Annual General Meeting (AGM) of the Bank was held on July 11, 2009. 'In accordance with the Notice dated May 23, 2009 the Thirteenth Annual General Meeting of the Bank was held on July 11, 2009. The meeting was attended by 9 Directors including two Executive Directors and Shri. K K Gupta, Chairman of the Audit Committee and 221 Shareholders. After that the Chairman moved the two resolutions relating to approval and adoption of Audited Balance Sheet as at March 31, 2009, Profit and Loss Account of the Bank for the year ended March 31, 2009, report of Board of Directors and Auditors' Report and confirmation of payment of interim dividend of Rs 3/- per share and declaration of final dividend of Rs 5/- per share for the year ended March 31, 2009. Both the resolutions were carried unanimously.' (As per BSE Anouncement Dated on 14.07.2009) 

EGM

01-Mar-13
With reference to the earlier announcement dated January 08, 2013 regarding the Board of Directors in their meeting held on January 08, 2013, have approved the raising of Tier-I capital by issue of fresh equity shares to the Government of India (Promoters) or to other investors, on preferential basis or otherwise, subject to necessary approvals, Bank of India has now informed BSE that the Bank has decided to create, offer, issue and allot upto 2,21,21,957 equity shares of Rs. 10/- each for cash at a premium as determined in accordance with SEBI ICDR Regulations, 2009 and aggregating up to Rs. 809 Crore on preferential basis to Government of India (President of India) subject to approval of Reserve Bank of India, shareholders and other statutory authorities, if any. In this connection, an Extra-Ordinary General Meeting of shareholders will be convened on March 01, 2013, to consider and pass the necessary Special Resolution. Bank of India has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on March 01, 2013. (As per BSE Announcement Dated on 06.02.2013) Bank of India has informed BSE that the Extra Ordinary General Meeting (EGM) of the Bank was held on March 01, 2013. (As per BSE Announcement Dated on 04.03.2013) 
24-Mar-12
Bank of India has informed BSE that the Board of Directors has approved the raising of capital by issue of upto 7 crore fresh equity shares to (i) Government of India (Promoters) and (ii) Life Insurance Corporation of India or to any other investors, as permitted on preferential basis, subject to the approval of the shareholders and regulatory authorities. Further, it is also decided to convene an Extra Ordinary General Meeting of the Shareholders on March 24, 2012 to take their approval. Bank of India has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on March 24, 2012. (As Per BSE Announcement Dated on 24.02.2012) Bank of India has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on March 24, 2012. (As Per BSE Announcement Website dated on 26.03.2012) 
21-Oct-11
Bank of India has informed BSE that the Bank proposes to conduct an Extra Ordinary General Meeting of the shareholders of the Bank on October 21, 2011 for conducting Election of three shareholder Directors of the Bank. Bank of India has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Bank held on October 21, 2011, have elected three persons as Directors as per Regulations 66 of the Bank of India (Shares & Meetings) Regulations, 2007. 1. Shri Bhasin Pramod 2. Shri Sirajuddin P. M. 3. Shri Khaitan Umesh Kumar (As Per BSE Announcement Website dated on 22.10.2011) Bank of India has submitted to BSE a copy of the proceedings of the Extra Ordinary General Meeting (EGM) of the Company held on October 21, 2011. (As Per BSE Announcement Dated on 24.10.2011) 
17-Mar-11
Bank of India has informed BSE that the Bank has convened an Extra-Ordinary General Meeting (EGM) of shareholders on March 17, 2011, to discuss capital infusion by the Government of India (Promoters) through preferential issue. Bank of India has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 17, 2011, inter alia, to create, offer, issue and allot (including by way of Preferential Issue in terms of the Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended from time to time (the 'SEBI ICDR Regulations'), in the course of one or more private offerings of equity shares to all eligible investors, including promoter of the Bank i.e. President of India and whether or not such investors are shareholders of the Bank, through one or more prospectus and / or letter of offer or offering circular or any offer document and / or private / preferential placement basis, for, or which upon exercise of all securities so issued and allotted could give rise to the issue of equity shares not exceeding 2,13,63,001 equity shares of the face value of Rs. 10 each aggregating to Rs. [ ] at premium to be determined in accordance with the SEBI ICDR Regulations or any as deem appropriate by the Board of Directors on preferential basis through any offer document and / or such other documents / writings, in such manner and on such terms and conditions as the Board may in its absolute discretion think fit considering February 15, 2011 (or any other applicable date) as the Relevant Date for this purpose, subject to necessary provisions & approvals. Bank of India has informed BSE that an Extra Ordinary General Meeting (EGM) of the Bank held on March 17, 2011,, have transacted the following: 1. In accordance with the Notice dated February 15, 2011 the Extaordinary General Meeting of the Bank was held on Thursday March 17, 2011 at 3.30 P.M. at Bank of India Auditorium, Star House, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. The meeting was attended by 80 members, 159 Proxy holders and 8 Directors. 2. The Meeting commenced at 3.30 P.M. The Chairman and Managing Director of the Bank, chaired the meeting and welcomed the shareholders present. He then announced that in accordance with 'Regulation 58' of the Bank of India (Shares and Meetings) Regulations, 2007, the requisite quorum was present and called the meeting to order. 3. At the request of the Chairman, the Executive Director of the Bank read out the details of the proies received, letter received from Government of India on the appointment of their Representative and introduced the Directors on the Dais. 4. The Chairman later on addressed the shareholders explaining the need for raising capital through Preferential Issue route and the road map for future. After due discussion and replying to the observations of shareholders by the Chairman and Managing Director, the shareholders unanimously resolved and approved to issue not exceeding 2,13,04,870 equity shares of Rs. 10/- each at a Premium of Rs. 464.07 per Share through the Preferential Issue route to the Government of India (Promoters) in the name of the President of India, subject to the compliance of Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009 and subject to necessary approvals.' (As Per BSE Announcement Dated on 17.03.2011) 
23-Oct-08
Bank of India has informed BSE that the Board of Directors of the Bank at its meeting held on July 28, 2008, inter alia, has considered convening an Extra Ordinary General Meeting of the shareholders of the Bank for the purpose of conducting Election of three Directors from shareholders other than the Central Government. The Extra Ordinary General Meeting of the Bank is decided to be held on October 24, 2008, to conduct election of three such directors. It has been further decided to fix September 15, 2008, as internal cut off date (Record Date) for ascertaining the shareholders entitled to participate in the election. With reference to the earlier announcement dated July 29, 2008 regarding Outcome of Board Meeting, Bank of India has now informed BSE that the Bank has rescheduled the Extra Ordinary General Meeting (EGM) and the same shall be held on "October 23, 2008" instead on "October 24, 2008" as reported earlier. (As per BSE Announcement dated on 05/09/2008) Bank of India has informed BSE that the Extraordinary General Meeting (EGM) of the shareholders of the Bank will be held on October 23, 2008, inter alia, to transact the following: :Three directors from amongst shareholders other than Central Government pursuant to Section 9(3)(i) of the Act read with Scheme and Regulations made thereunder and RBI Notification be and hereby appointed as the Directors of the Bank to assume office from the date following the date on which he / she is elected or deemed to have been elected or October 25, 2008, whichever is later and hold office until the completion of a period of three years from the date of such assumption. (As per BSE Announcement dated on 18/09/2008) Bank of India has submitted to the BSE a copy of Notice published in the newspapers for the purpose of Election of three shareholders directors from amongst the shareholders other than the Central Government - Extraordinary General Meeting to be held on October 23, 2008. (As Per BSE Announcement Website dated on 15.10.2008) With reference to the earlier announcement dated September 05, 2008 regarding the Bank will be conducting an Extraordinary General Meeting for election of Shareholder Directors on October 23, 2008, Bank of India has now informed BSE that the election was held on October 23, 2008 and three persons who have polled the majority votes have been elected as Directors as per Regulations. (As Per BSE Announcement Website dated on 23.10.2008) Bank of India has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on October 23, 2008, inter alia, have also accorded to the following: Proceedings : - Shri.V Rajaraman, Chief returning Officer, of the Bank announced the votes polled by each of the candidate and then the Chairman & Managing Director announced that the following three candidates 1. Shri. Mallya Prakash P 2. Shri. Nair Gopinath Madhavari 3. Shri. Sirajuddin P M were elected as Directors of the Bank and shall assume office on October 25, 2008 and shall hold office till October 24, 2011. 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
St Bk of India 161,506.32 10.87 1.86 14.68 15.7 0.0 0.00
Bank of Baroda 31,148.43 6.85 1.01 14.70 20.6 0.0 0.00
Punjab Natl.Bank 29,000.45 6.33 0.93 12.68 16.5 0.0 0.00
Canara Bank 19,627.12 6.83 0.86 12.24 17.0 0.0 0.00
Bank of India 19,345.89 7.04 0.89 14.07 15.0 0.0 0.00
Union Bank (I) 14,030.53 6.50 0.89 13.89 14.8 0.0 0.00
IDBI Bank 11,974.94 6.36 0.62 11.97 13.4 0.0 0.00
Syndicate Bank 8,105.26 4.04 0.85 13.82 17.9 0.0 0.00
Oriental Bank 7,865.85 5.92 0.65 12.18 10.7 0.0 0.00
Central Bank 7,265.05 7.16 0.79 13.64 5.0 0.0 0.00
Indian Bank 6,721.60 4.25 0.64 12.50 19.9 0.0 0.00
Corporation Bank 6,436.75 4.49 0.67 12.23 19.5 0.0 0.00
Allahabad Bank 6,392.88 5.39 0.61 12.98 21.6 0.0 0.00
UCO Bank 5,938.25 9.61 0.81 13.35 19.4 0.0 0.00
I O B 5,872.66 10.35 0.50 13.41 11.1 0.0 0.00

Futures & Options Quote

 
Expiry Date
325.75 2.65  (0.8%)
Instrument: FUTSTK
Expiry Date: 30 May 2013
Open Price: 324.20
Average Price: 323.63
No. of Contracts Traded: 3,720,000
Open Interest: 2,272,000
Underlying: BANKINDIA
Market Lot: 1000
Previous Close: 325.75
Day’s High | Low: 329.30 | 318.50
Turnover (Cr.): 120.39
Open Int. Change: -512,000.00 ( [18.4]% )
View detailed F& O quotes >>

Key Information

Key Executives:

P M Sirajuddin , Director(Shareholders)  

Harvinder Singh , Director (Officer Employee)  

K K Nair , Director(PartTime NonOfficial)  

Rajeev Bhatia , Company Secretary  


Company Head Office / Quarters:
Star House C-5 G Block,
Bandra-Kurla Complex Bandra(E),
Mumbai,
Maharashtra-400051
Phone : 91-22-66684444
Fax : 91-22-66684491
E-mail : headoffice.share@bankofindia.co.in
Web : http://www.bankofindia.co.in
Registrars:
Sharepro Services India P Ltd
Samhita Complex
Plot No 13 AB
Saki Naka Andheri(E)
Mumbai-400072

Calendar

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