Bank of Baroda has submitted its Security Cover Certificate and Statement of Utilization of Issue Proceeds for non-convertible securities for the quarter ended December 31, 2025. The disclosure, made in compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, includes an independent auditors' certificate from Ravi Rajan & Co. LLP. The auditors' certificate confirms that the data related to Security Cover as of December 31, 2025, has been accurately extracted from the Bank's books of accounts for the quarter ended December 31, 2025. It also reports that the Bank has complied with the covenants of the Information Memorandum in respect of unsecured Bonds issued on a Private Placement basis. The total outstanding amount for listed unsecured non-convertible securities as of December 31, 2025, is ₹44,230.00 crore. The statement also indicates compliance with financial covenants and all other covenants related to its listed non-convertible securities. For entities with only unsecured debt securities, a "NIL" report is submitted as per SEBI circulars, meaning the security cover ratio is not applicable. Furthermore, the Bank has provided a statement of utilization of issue proceeds and confirmed that there has been no deviation or variation in the use of funds raised during the quarter ended December 31, 2025. The relevant documents have been submitted to both BSE Ltd. and the National Stock Exchange of India Ltd.
