Mumbai : Bank of Baroda Executive Director Lal Singh will continue in the position beyond his existing tenure, following a decision by the Central Government to extend his term until January 31, 2027, or until further orders, whichever is earlier.
The bank disclosed the development in a filing with the stock exchanges on September 23, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.
Singh’s existing notified tenure was scheduled to end on October 8, 2026. The latest government notification extends his tenure beyond that date.
Tenure Extended Until January 31, 2027
According to Bank of Baroda’s disclosure, the Central Government has extended Lal Singh’s tenure as Executive Director up to January 31, 2027, which is his date of superannuation, or until further orders, whichever occurs earlier.
This means Singh is scheduled to remain in the role until his superannuation date unless the government issues further directions before then.
The extension takes effect after the completion of his currently notified tenure on October 8, 2026.
Key Details
| Particular | Details |
|---|---|
| Bank | Bank of Baroda |
| Executive Director | Lal Singh |
| Date of Birth | January 11, 1967 |
| Existing Tenure Ends | October 8, 2026 |
| Extended Tenure | Up to January 31, 2027 |
| Superannuation Date | January 31, 2027 |
| Government Notification | September 23, 2026 |
| Disclosure | Regulation 30, SEBI LODR Regulations |
| Tenure Condition | Until January 31, 2027 or further orders, whichever is earlier |
Central Government Issues Notification
The tenure extension was notified by the Central Government on September 23, 2026.
The government exercised its powers under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970.
These legal provisions provide the framework governing the management and administration of India’s nationalised banks, including provisions relating to the appointment and tenure of senior management.
Lal Singh’s Role at Bank of Baroda
As an Executive Director, Lal Singh is part of the bank’s senior management responsible for overseeing key areas of its operations and supporting the implementation of the bank’s business and strategic priorities.
His continuation through January 2027 means the bank will retain the same Executive Director beyond the previously notified October 2026 end date.
The extension is limited in duration and runs up to his scheduled superannuation date.
Why the Extension Is Being Reported
The development is relevant to Bank of Baroda’s senior management structure because the government notification changes the previously announced end date of Singh’s tenure.
His existing tenure was due to expire on October 8, 2026. Following the latest notification, he will continue as Executive Director for an additional period extending to January 31, 2027, subject to the condition that the tenure may end earlier if further orders are issued.
The bank has formally communicated the change to the stock exchanges as required under applicable securities-market disclosure rules.
Regulatory Disclosure
Bank of Baroda disclosed the information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.
Such disclosures are intended to keep investors and the stock exchanges informed about material developments concerning a listed company’s management and other matters specified under the regulations.
The latest filing records the Central Government’s decision to extend Lal Singh’s tenure and provides the revised end date.
What Happens After January 2027?
Based on the bank’s disclosure, the extension currently runs until January 31, 2027, which is Singh’s date of superannuation.
The notification also includes the condition “or until further orders, whichever is earlier.”
Therefore, January 31, 2027 is the scheduled end point stated in the current disclosure, unless a subsequent government order changes the position before that date.
