Bank of Baroda has announced the extension of Shri Lalit Tyagi’s tenure as Executive Director. The extension, effective from September 15, 2025, grants him an additional three years in his role. This decision follows the powers conferred under relevant sections of the Banking Companies Act. The extended term will last until November 20, 2025, or until further notice, whichever occurs sooner.
Executive Director Tenure Extension
Shri Lalit Tyagi will continue to serve as Executive Director at Bank of Baroda. The extension was formally approved on September 15, 2025, and provides an additional three years in his current position.
Details of the Extension
The decision to extend Shri Lalit Tyagi’s tenure is based on the authority granted by the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. His extended term will continue until November 20, 2025, or until any further orders are issued, with the earlier date taking precedence.
Source: BSE
