Bank of India532149Routine SEBI update

Reconciliation of Share Capital Audit for September 2026 quarter; 99.97% of issued capital is listed

Share Capital Audit Report for the quarter ended 30 September 2026 shared, certified by Pradeep Purwar & Associates.

By ScoutQuest · Wed 21 Oct 2026, 5:16 PM IST · 2 min read

99.97Listed capital as % of issued capital

Shares held in demat with CDSL (%76.55

Shares held in demat with NSDL (%23.25

Listed capital as % of issued capital 99.97: Shares held in demat with CDSL (% 76.55, Shares held in demat with NSDL (% 23.25.

Issued Capital: 4,55,38,44,966 shares
Listed Capital: 4,55,26,67,866 shares (99.97%)
Demat Split: CDSL 76.55%, NSDL 23.25%; no demat requests pending beyond 21 days

What the update covers

Bank of India has submitted the Reconciliation of Share Capital Audit Report for the quarter ended 30 September 2026 to BSE and NSE, prepared and certified by Pradeep Purwar & Associates, Company Secretaries. The report reconciles the shares the Bank has issued with the shares actually listed on the exchanges, and sets out the form in which investors hold them. It covers the Bank and its Registrar and Share Transfer Agent, Bigshare Services Private Limited.

Share capital at a glance

Issued capital: 4,55,38,44,966 equity shares
Listed capital: 4,55,26,67,866 shares, or 99.97% of issued capital
The difference between the two is ~11.77 lakh shares, which are not listed on the stock exchanges

How the shares are held

In dematerialised form with CDSL: 76.55%
In dematerialised form with NSDL: 23.25%
The balance is held in physical form

So almost the entire shareholding is held electronically, and only a small slice remains in paper certificates.

Why ~11.77 lakh shares are not listed

The Bank had forfeited ~11.85 lakh equity shares in March 2003. Forfeiture of a part of those shares has since been annulled, and ~11.77 lakh shares remain unlisted. They are counted in issued capital but not in listed capital, which is why the two figures differ. The report notes there is no other reason for the difference.

Who holds the biggest block

~334.09 crore equity shares are held by the Central Government and are not tradable. That is the single largest block of the Bank's equity capital.

Records and requests

The Register of Members is updated
No demat requests were confirmed after 21 days, and none were pending beyond 21 days
No excess dematerialised shares were reported for the previous quarter
Bigshare Services Private Limited is the common agency for share registry work

What this means for a retail investor

This is a routine quarterly certificate about the Bank's share capital and shareholding records. It shows that the listed capital is in line with the Bank's records, that nearly all the equity is listed and held in demat form, and that share transfer or demat requests are not pending. The certificate deals only with share capital; it does not cover the Bank's business, earnings or asset quality.

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