Bank of baroda

Shareholding of the Key Managerial Personnel
Except as disclosed below, none of our Key Managerial Personnel hold Equity Shares in the Bank:
Name
Number of Equity Shares held
V. J. Santhanam
400
R.K. Garg
100
J. K. Chandar
500
T.V. Lakshminarayanan
1,700
B.A. Prabhakar
300
V.S. Hegde
500
G.G.Joshi
200
D.D.Maheshwari
700
S.C. Kalia
1,100

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132
BANK OF BARODA
Changes in our key managerial personnel during the last three years
The changes in the key managerial personnel in the last three years are as follows:
Sr.
Name
Date of becoming
Date of cessation
Reason for change
No.
key managerial
personnel
3.
D.K. Shukla
January 18, 2003
January 18, 2003
Reported to parent bank – SBI
4.
N. Balasubramanian
December 27, 1999
January 22, 2003
Appointed as Managing Director–
SIDBI
5.
P.A. Sethi
June 1, 1997
March 7, 2003
Appointed as executive director of
Vijaya Bank
6.
M. Bhalchandran
December 27, 1999
February 5, 2004
Appointed as executive director of
the Bank of India
7.
Dr. K.C. Chakrabarty
December 27, 1999
August 27, 2004
Appointed as executive director of
the Punjab National Bank
8.
V. Chandrashekhar
April 10, 2002
August 1, 2005
Retired – VRS
9.
V.J. Santhanam
June 26, 2000
-
Promoted
10.
K.K. Agrawal
April 10, 2002
-
Promoted
11.
M.B. Samant
April 10, 2002
-
Promoted
12.
B.G. Baria
August 18, 2003
-
Promoted
13.
R.K.Garg
August 18, 2003
-
Promoted
14.
J.K. Chander
August 18, 2003
-
Promoted
15.
B.A. Prabhakar
August 18, 2003
-
Promoted
16.
T.K. Krishnan
August 18, 2003
-
Promoted
17.
B.P. Chakraborty
August 18, 2003
-
Promoted
18.
A.D. Parulkar
August 18, 2003
-
Promoted
19.
T.V. Lakshminarayanan
February 1, 2004
-
Promoted
20.
Dr. Suresh Mehta
February 5, 2004
-
Promoted
21.
V.B.L. Saksena
March, 1 2004
-
Promoted
22.
V.S. Hegde
August 23, 2004
-
Promoted
23.
D.A. Parekh
August 27, 2004
-
Promoted
24.
S.P. Agarwal
January 1, 2005
-
Promoted
25.
S. Vaidyanathan
January 1, 2005
-
Promoted
26.
R.P. Bansal
July 14, 2003
-
Promoted
27.
D D Maheshwari
May 7, 2005
-
Promoted
28.
S.C. Kalia
May 7, 2005
-
Promoted
29.
M.M. Gadgil
June 1, 2005
-
Promoted
30.
G.G. Joshi
June 1, 2005
-
Promoted
31.
Asit Pal
July 1, 2005
-
Promoted
32.
Dr. V. K. Verma
August 2, 2005
-
Promoted

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133
OUR PROMOTER, SUBSIDIARIES AND ASSOCIATES
Promoter
Our Promoter is the President of India, acting through the MoF, GoI, which holds 66.83% of the pre-Issue paid up equity
share capital of our Bank and will hold at least 53.81% of the fully diluted post Issue paid up equity share capital of our
Bank.
We have 12 Subsidiaries of which seven are overseas Subsidiaries situated in UK, Hong Kong, Guyana, Kenya, Uganda,
Tanzania and Botswana and 20 Associates, which includes 17 RRBs and UTI Asset Management Company Private
Limited, UTI Trustee Company Private Limited and the Indo-Zambia Bank Limited, a joint venture.
Our Subsidiaries
BOB Capital Markets Limited
BOB Capital Markets Limited is a wholly owned subsidiary of Bank of Baroda. It was incorporated on March 11, 1996.
BOB Caps is a SEBI registered Category-I Investment Banker as well as a Primary Dealer licensed by the RBI. BOB
Caps offers a wide spectrum of financial services that includes initial public offerings, private placement of debt, corporate
restructuring, business valuation, mergers and acquisitions, project appraisal and loan syndication. BOB Caps also
undertakes advisory services on securitisation and structuring of debts. BOB Caps also offers constituent SGL account
facility.
The shareholding pattern of BOB Caps as of March 31, 2005 is as under:
Shareholder
Shareholding (in Percentage)
Bank of Baroda
100
The board of directors of BOB Caps comprises M. R. Mayya (Chairman), Manubhai K. Parekh (Managing Director), Kanu
Doshi, R. Venkatesan, Dinesh A. Parekh and B. P. Chakrabati.
The audited financial position of BOB Caps for the last three financial years is as under:
(Rs. in million)
Particulars
Year ended
Year ended
Year ended
March 31,
March 31,
March 31,
2003
2004
2005
Capital
1,000.00
1,000.00
1,000.00
Reserves & Surplus
20.19
64.49
41.63
Total Income
278.69
314.45
(96.06)
Total Expenditures
96.85
137.17
96.28
Profit After Tax (PAT)
92.98
113.70
(193.96)
Book value per share (Rs.)
102.02
106.44
104.16
Earning per Share (Rs.)
9.30
11.20
(19.40)
BOB Housing Finance Limited
BOB Housing Finance Limited was originally incorporated on December 28, 1990 in association with National Housing
Bank under the name “Akshay Avas Nirman Vitta Limited”. Subsequently the name was changed to “BOB Housing
Finance Limited” on November 3, 1993. With headquarters at Jaipur, it commenced business of providing loans for
housing activities in February 1991.

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