B
fu$rw {. €r Bankof Baroda
Date:
Vice-President,
Ltd.,
Towers
I
I
I
CoDE-s32134
|
The
BSE
Phiroze Jeejeebhoy
Dalal
Mumbai- 400
BSE
E-mail:"corp.relations@bseindia.com"
Street
001
I
I
I
OSth
April 2015
The Vice-President,
National Stock Exchange of lndia Ltd.
Exchange Plaza,
Bandra Kurla Complex, Bandra (E)
Mumbai - 400 051
CODE-BANKBARODA
Email:"cmlist@nse.co.in"
Dear Sir/Madam,
Re: Bank of Baroda-Compliance Report on Gorporate Governance with regard to
Ctause-49 of the Listing Agreement for the quarter ended 31"t March 2015
We fonrvard herewith the Compliance Report on Corporate Governance pursuant to the
Clause-49 X(B) of the Listing Agreement pertaining for the quarter ended 31't March
2015, in Annexure Xl of the Listing Agreement.
We request you to take a note of the above.
Yours Faithfully,
M.L. Jain
DGM- Company Secretary
& Compliance
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Baroda Corporate Centre, C-26, G-Block, Bandra Kurla Complex, Bandra (E). Mumbai - 400 051, lndia
vlq / pnone :91 22 6698 5812/5846 ' *erq I Fax'.91 22 2652 6660
{-i-a / E-mait : companysecretary.bcc@bankofbaroda.com ' tq / Web : www.bankofbaroda com
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Annexure - Xl to the Listins Asreement
Format of Quarterlv Compliance Reoort on Corporate Governance
Name of the
Companv:
Quarter endine
on:
BANK OF BARODA
31't March 2015
Particulars
!1.
Listing
Com pliar Remarks
ce
agreement
Status
Clause
Board of Directors
of
4e (il)
YES
*Bank
of
Baroda
is a
body
corporate under a separate statue
i.e.
Banking Companies
and Transfer of
(Acquisition
Undertakings) Act, L97O. The
composition of the Board of
Directors is governed through this
Act read with relevant Scheme
made under the Act.
49 (ilA)
4e (ilB)
4e (ilc)
YES
As above
YES
As above
YES
As above
4e (ilD)
YES
As above
(E) Code of Conduct
49 (ilE)
YES
(F) Whistle Blower Policy
4s (ilF)
YES
(A) Composition of Board
(
B) lndependent Directors
(C)
Non-executive Directorsl
compensation & disclosures
(D) Other provisions as to Board and
Committees
follow "Public lnterest Disclosure
of lnformer Resolutiqn"
ropularly known as Whistle Blower
)olicy & the same have been
rploaded on Bank's website.
A/e
tr Protection
lll. Audit Committee
4s (ilr)
YES
*The
composition/term of
reference of ACB is governed by
the guidelines issued by our
Regulator i.e. Reserve Bank of
lndia (RBl), which we comply.
(A) Qualified &
lndependent
Audit
(B) Meeting of Audit Committee
(C) Powers of Audit Committee
(D) Role of Audit Committee
(E) Review
of lnformation by Audit
49 (ilrA)
YES
As above
49 (ilrB)
4e (ilrc)
YES
As above
YES
As above
4e (ilrD)
YES
As above
49 (ilrE)
YES
As above
Committee
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s)-q / phone '. 91 22 6698 5812/5846 ' ++s/ Fax : 91 22 26526660
{-t-a / E-mait : companysecretary.bcc@bankofbaroda com ' iq / Web : www.bankofbaroda.com
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Particulars
Clause
lV. Nomination and Remuneration
Listing
49 (rv)
of
Compliar
Remarks
ce
YES
Committee
*Governed through RBI/GOl
guidelines, which we comply.
V. Subsidiary Companies
4e (v)
YES
Vl. Risk Management
4e (vr)
YES
Vlt. Related Party Transactions
4e (vil)
YES
Vlll. Disclosures
49 (Vilr)
(A) Related party transactions
4e (vilrA)
YES
of
Accounting Treatment
(C) Remuneration of Directors
49 (VilrB)
YES
4s (vilrc)
YES
We comply/ will comply for Annual
Report 2015. Remuneration
Governed through GOI guidelines.
(D)Management
49 (Vilr D)
YES
We comply/ will comply for Annual
Report 2015.
(E)Shareholders
49 (Vilr
49 (Vilr
E)
YES
As above
r)
YES
(B)
Disclosure
(F) Proceeds
from public issues, issue,
No such transaction.
preferential issues, etc rights
lX. CEO/CFO Certification
4s (rx)
YES
X. Report on Corporate Governance
4e (x)
YES
We comply/ Will comply for Annual
Report 20L5.
Xl. Compliance
4s (xr)
YES
As above
*ln this regard we request a reference of Para 4.3 of SEBI Circular No. CIR/CFDPOLICY CELLI2/20L4
dated 17.04.2014 which states that- "For other listed entities which are not companies, but body
corporate or are subject to regulations under other statutes (e.9. banks, financial institutions, insurance
companies etc.), the Clause 49 will apply to the extent that it does not violate their respective statutes
and"guidelines or directives issued by the relevant regulatory authorities."
FOR, BANK OftBARODA
DGM
-
Company Secretary
& Compliance
Date :08th April 2015
Place: Mumbai
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Baroda Corporate Centre, C-26, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, lndia
Srt / prrone : 91 22 6698 5812/5846 ' *erq I Fax :91 22 2652 6660
{-i-a/ E-mait :companysec{etary.bcc@bankofbaroda.com ' }qi Web:www.bankofbaroda.com