Mumbai: Bank of India (BoI) has officially announced that Mr. Vishwanath V. Shenoy, Shareholder Director on the Bank’s Board, has completed his three-year term and demitted office on 28 November 2025. The update was communicated to stock exchanges under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Disclosure to Exchanges
The bank informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) regarding the completion of Shenoy’s tenure. The disclosure was made through the Bank’s Company Secretary, Mr. Rajesh V. Upadhya. The notification ensures compliance with regulatory requirements concerning board changes in listed entities.
Tenure and Contributions
Mr. Vishwanath V. Shenoy served as a non-executive director representing the shareholders on BoI’s board. During his three-year tenure, he contributed to discussions on corporate governance, strategic planning, and policies affecting the bank’s operations. His role as a shareholder director was pivotal in bridging the interests of shareholders with the overall functioning and decision-making of the bank.
Looking Ahead
With the conclusion of his term, the bank will follow due processes to appoint a new shareholder director in line with corporate governance norms. BoI continues to maintain a robust framework for its board appointments, ensuring transparency and shareholder engagement.
About Bank of India
Bank of India is a leading public sector bank in India, providing a wide range of banking and financial services to millions of customers. Established in 1906, BoI has played a vital role in supporting retail and corporate banking, driving financial inclusion, and contributing to India’s economic growth.
