Bank of Baroda - Clarification

18 Jul 2022 , 12:00 AM

The Exchange has sought clarification from Bank Of Baroda with respect to announcement dated 16-Jul-2022 informing about General updates.On the basis of aforesaid announcement, the Company is required to provide/clarify the following:In case of issuance of debt securities or other non convertible securities 1. Whether proposed to be listed? If yes, name of the stock exchange(s); 2. Tenure of the instrument – date of allotment and date of maturity; 3. Coupon/interest offered, schedule of payment of coupon/interest and principal; 4. Charge/security, if any, created over the assets; 5. Special right/interest/privileges attached to the instrument and changes thereof; 6. Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal; 7. Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any; 8. Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures. The response of the company is awaited.