Bank of baroda

Shareholding of the Directors
Directors nominated under Section 9(3) (a) to (h) of the Bank Acquisition Act are not required by law to hold any
qualification shares in our Bank. The list of Directors holding Equity Shares and the number of Equity Shares held by
each of them as of September 30, 2005 is set forth below:
Directors
No. of Equity Shares held
Dr. Pradip N. Khandwalla
100
Manesh P. Mehta
100
Dr. Deepak Bhaskar Phatak
100
Dr. Dharmendra Bhandari
600
Interests of Directors
All Directors of the Bank may be deemed to be interested to the extent of fees, if any, payable to them for attending
meetings of the Board or a Committee thereof as well as to the extent of other remuneration, reimbursement of expenses
payable to them under our Constitutional Documents and notifications by RBI affixing their remuneration. The Directors
will be interested to the extent of remuneration paid to them for services rendered by them as officers or employees of
the Bank. All our Directors may also be deemed to be interested to the extent of Equity Shares, if any, already held by
them or their relatives in the Bank, or that may be subscribed for and allotted to them, out of the present Issue in terms
of this Red Herring Prospectus and also to the extent of any dividend payable to them and other distributions in respect
of the said Equity Shares.
Borrowing Powers of Directors
Under our Constitutional Documents, the Directors do not have any borrowing powers and all borrowings by the Bank
are typically approved by the Board of Directors.
Changes in our Board of Directors during the Last Three Years
The changes in our Board of Directors during the last three years are as follows:
Name
Date of Appointment
Date of cessation
Reasons
P.S. Shenoy
September 11, 1998
February 28, 2005
Retired on superannuation
G.S. Uberai
December 20, 2001
December 19, 2004
Term expired
B.N. Gulve Patil
May 8, 2001
May 7, 2004
Term expired
Piyush Goyal
May 8, 2001
January 22, 2004
Resigned
Dr. Anil K.Khandelwal
September 25, 2000
February 4, 2004
Appointed as Chairman and
Managing Director, Dena Bank.
N.G. Mhatre
February 21, 2002
April 27, 2005
Term expired
Ramesh Chander
July 31, 2003
January 8, 2004
Term expired
R.C. Trivedi
August 2, 2001
January 31, 2003
Retired on superannuation
Anand Sinha
June 11, 2002
July 30, 2003
Term expired
Dr. M.J. Manohar Rao
November 16, 2002
March 19, 2003
Expired on April 19, 2003
Ram Sagar Thakur
November 16, 1999
November 15, 2002
Term completed
Dr. Dharmendra Bhandari
November 16, 1999
November 15, 2002
Term completed
Prem P. Pareek
November 15, 2002
November 15, 2005
Term completed
(re-elected for a further
period of three years)
Amritlal Sanghvi
November 15, 2002
October 5, 2005
Resigned
U.K. Sinha
October 30, 2000
October 10, 2002
Term expired
Usha Thorat
August 11, 2000
June 10, 2002
Term expired

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