Bank of Baroda - Reply to Clarification Sought

24 Aug 2022 , 12:00 AM

The Exchange had sought clarification from Bank Of Baroda with respect to announcement dated 22-08-2022 regarding General updates.On the basis of aforesaid disclosure, the Listed entity was required to clarify the following: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 attached.