CENTRAL BANK OF INDIA

Shri Vasti Venkatesh, Chief General Manager of Central Bank of India's Treasury and International Banking Division, has retired upon superannuation. His tenure concluded at the close of business on June 30, 2026. This change affects the bank's senior management personnel as per SEBI (LODR) Regulations, 2015.

Central Bank of India has inaugurated its International Financial Services Centre (IFSC) Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City) on June 29, 2026. The new unit aims to serve the foreign currency funding needs of corporate clients by offering a range of financial products and services, including foreign currency loans, trade finance, and treasury solutions. This strategic move is expected to enhance the bank's service offerings for its international business clientele.

Central Bank of India has announced its 19th Annual General Meeting (AGM) will be held on Friday, July 31, 2026, at 3:00 PM IST. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). Key agenda items include the approval of audited standalone and consolidated financial statements for the year ended March 31, 2026, confirmation of interim dividends totaling ₹1.20 per equity share, and several special business items. These special businesses involve approving the appointment of new directors, extending an executive director's term, and considering a significant equity capital raise of up to ₹7000 crore through various modes like QIP, FPO, or Rights Issue. The record date for voting on most agenda items is July 24, 2026, with a separate record date of June 26, 2026, for the election of a Shareholder Director. Remote e-voting will be open from July 27 to July 30, 2026.

Central Bank of India has announced the closure of its trading window for dealing in the bank's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's internal code of conduct. The window will be shut for directors, designated employees, and their immediate relatives from June 1, 2026, until 48 hours after the declaration of the financial results for the first quarter and three months ending June 30, 2026. The specific date for the board meeting to approve these results will be communicated later.

Central Bank of India announced the appointment of Shri Chandradeep Kumar Jha as a Government Nominee Director on its Board, effective June 19, 2026. He replaces Shri Baldeo Purushartha. Shri Jha, a Statistical Advisor in the Ministry of Finance, brings over two decades of experience in various government departments including Statistics, Commerce & Industry, and Home Affairs. His expertise spans data analysis, policy formulation, and monitoring. He also serves on the boards of IIFCL and PFRDA. This appointment is made by the Central Government under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Central Bank of India has rescheduled its 19th Annual General Meeting (AGM) to Friday, July 31, 2026. Consequently, the cut-off date for determining eligible shareholders for nominating, contesting, and voting in the election of a Shareholder Director has been revised to Friday, June 26, 2026. Shareholders wishing to contest must submit their nominations by 5:00 PM on Thursday, July 16, 2026. The full AGM notice and election forms will be available on the bank's website.

Central Bank of India has announced several promotions within its senior management team, effective June 1, 2026. These changes, in line with SEBI (LODR) Regulations, 2015, include Ajay Khanna promoted to Chief General Manager – Corporate Credit Department, Rohit Kumar to General Manager – Agriculture and Social Banking Department, and Pichayya to General Manager – Zonal Head, Hyderabad. The bank has provided brief profiles and confirmed no relationships between directors for these appointments. This move signifies internal growth and restructuring within the bank's leadership.

Central Bank of India announced key management and corporate governance updates following its Board Meeting on June 3, 2026. Shri Vivek Kumar has been appointed as the Chief Financial Officer for a three-year term effective June 3, 2026. The bank also set June 12, 2026, as the cut-off date for the election of a Shareholder Director. Furthermore, the 19th Annual General Meeting (AGM) is scheduled for July 17, 2026, to be conducted via video conferencing.

Central Bank of India announced the retirement of two key management personnel. Shri Mukul N. Dandige, Chief General Manager & Chief Financial Officer, and Shri Suryanarayana Murty Saladi, General Manager — MSME Department, will retire on May 31, 2026, due to superannuation. This information is provided in accordance with Regulation 30 and 51 of SEBI (LODR) Regulations, 2015.

Central Bank of India declared and paid its 4th interim dividend at 6% for FY26, bringing the cumulative interim dividend to 12%. The total dividend payout to the Government of India for FY26 stands at ₹969.64 crore. The 4th Interim Dividend cheque of ₹484.82 crore was presented to the Union Finance Minister Smt. Nirmala Sitharaman by the bank's MD & CEO and Executive Directors.