Bank Of Baroda had informed the Exchange regarding the decision of the bank to merge its housing finance subsidiary i.e. "BOB Housing Finance Ltd" (BOBHFL) with itself. The Company has now informed the Exchange that a Scheme of Merger of BOB Housing Finance Ltd, a wholly owned subsidiary of the Bank, with Bank of Baroda, has been approved by the BoDs of the Bank on July 06, 2006, which is subject to further approval/adoption/filing at the end of BOBHFL/Bank of Baroda as may be needed in due compliance of relevant laws/RBI's directives in this regard. Bank of Baroda (BOB) has informed BSE that the members & creditors (secured & unsecured) of the Company at its court convened meeting held on January 17, 2007, have unanimously approved the Scheme of Amalgamation of BOB Housing Finance Ltd with the Bank. (As Per BSE Announcement Website Dated on 05/02/2007) Bank of Baroda has informed BSE that Hon'ble High Court of Rajasthan, Jaipur vide their order dated March 23, 2007 approved the Scheme of Merger of BOB Housing Finance Ltd (BOBHFL) with the Bank, a certified copy of which has been filed with Registrar of Companies (ROC), Rajasthan, Jaipur on April 05, 2007. With the aforesaid the BOBHFL (100% subsidiary of the Bank) stands merged with the Bank. (As Per BSE Announcement Website Daed on 09/04/2007)