Bank of baroda

Your holdings may be diluted by additional issuances of equity and any dilution may adversely affect the
market price of our Equity Shares.
We may be required to finance our growth through additional equity offerings. Any future issuance of our Equity Shares
could dilute the holdings of investors in our Bank and could adversely affect the market price of our Equity Shares.
You will be subject to market risks until the Equity Shares are credited to your demat account.
You can start trading the Equity Shares allotted to you only after they have been credited to your demat account. Since
our Equity Shares are currently traded on the Stock Exchanges, you will be subject to market risk from the date you
pay for the Equity Shares to the date they are credited to your demat account. Under the current regulations, we are
required to credit your demat account within 15 days of the Bid/Issue Closing Date, failing which we are required to pay
interest at 15% per annum for any delay beyond this period. Further, there can be no assurance that the Equity Shares
allocated to you will be credited to your demat account, or that trading in the Equity Shares will commence, in a timely
manner. This risk factor is for the information of investors and it does not in any way dilute the right of investors and our
obligations.
There are certain irregularities in title in relation to some of our leased/owned immovable properties.
Some of the immovable properties where our branches, offices, guest houses and residences are located which are
either owned by us and in our possession or leased/licensed by us have one or more of the following irregularities in
title, including:
We do not possess the title deeds to such properties;

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BANK OF BARODA
The conveyance deeds for transfer of property have not been executed and/or adequately stamped under relevant
law;
The agreements to sell or conveyance deeds have not been registered in the land records; maintained by the
concerned Sub Registrar of Assurances; or
Lease deeds have not been executed or have expired and have not been renewed.