What was filed
Bank of Baroda has told the exchanges that its Capital Raising Committee (CRC) is scheduled to meet on 7 August 2026 at 11:00 AM to decide on issuing Additional Tier 1 (AT1) and Tier II bonds. The intimation is filed under Regulation 29(2) of SEBI's Listing Obligations and Disclosure Requirements Regulations, which requires advance notice of committee meetings that consider capital actions.
The mandate behind the meeting
The meeting draws on an existing authorisation. Per the filing, the Board of Directors, at its meeting on 8 May 2026, approved raising additional capital by way of AT1 and/or Tier II bonds in suitable tranches up to 31 March 2027 and beyond, if found expedient. The 7 August meeting is where the committee decides whether and how to act on that approval — the filing does not state a tranche size, coupon, or timing for any specific issue.
Why it matters to a holder
AT1 and Tier II bonds are regulatory capital instruments a bank uses to support its capital ratios, and they sit apart from equity capital. This is a procedural intimation of a scheduled meeting, not a completed capital action; the terms of any bond issue, if approved, would be disclosed separately after the committee meets.