Central Bank of India has officially announced its 4th interim dividend for FY 2025-26 through a regulatory filing under SEBI (LODR) Regulations, 2015. The bank's Board of Directors approved the dividend declaration during their meeting held on April 30, 2026, at Mumbai, alongside other strategic corporate developments.

Dividend Declaration and Key Details

The Board of Directors approved the 4th interim dividend at 6%, translating to ₹0.60 per equity share with a face value of ₹10 each. The bank has established Friday, May 8, 2026, as the record date for determining member entitlement for the interim dividend payment.

Comprehensive Board Meeting Outcomes

The Board meeting, which commenced at 4:00 PM and concluded at 5:55 PM, addressed multiple strategic initiatives beyond the dividend declaration. The directors considered and approved audited standalone and consolidated financial results for both the quarter and financial year ended March 31, 2026.

Strategic Capital Raising Initiative

Alongside the dividend announcement, the bank has approved an ambitious capital raising plan aggregating to ₹7000.00 crore for FY 2026-27. This capital infusion strategy encompasses multiple funding mechanisms including Follow-on Public Offer (FPO), Rights issue, Qualified Institutional Placement (QIP), Preferential issue, or any combination thereof.

Regulatory Compliance and Documentation

The bank has fulfilled all regulatory requirements under SEBI (LODR) Regulations, 2015, particularly Regulations 30, 33, and 52. The comprehensive documentation includes audited financial results with auditors' reports, declaration on audit report with unmodified opinion, statement of deviations in issue proceeds utilization, security cover certificate, and disclosure of related party transactions for the half year ended March 31, 2026.

Annual Dividend Performance

With this 4th interim dividend declaration, Central Bank of India demonstrates consistent shareholder value creation throughout FY 2025-26. Combined with the previous three interim dividends totaling 6.00%, the cumulative dividend for the financial year reaches ₹1.20 per share, representing 12.00% of the face value. This substantial capital raising plan of ₹7000.00 crore positions the bank strategically to enhance capital adequacy ratios, support growth initiatives, and meet evolving regulatory requirements.

Central Bank of India has submitted its mandatory security cover certificate for the quarter ended March 31, 2026, to the National Stock Exchange and BSE Limited. The submission, dated April 30, 2026, fulfills the bank's compliance obligations under SEBI LODR Regulation 54(2) and related circulars.

Outstanding Debt Securities Portfolio

The bank's current portfolio of listed debt securities comprises unsecured instruments issued through private placement. The security cover certificate encompasses the following debt securities:

Audit Certification and Compliance

ADB & Company, Chartered Accountants (FRN: 005593C), conducted the independent audit and certification process. CA Arun Kumar Agrawal, Partner (Membership No. 409937), signed the certificate on April 30, 2026, confirming the bank's adherence to regulatory requirements.

The auditors performed comprehensive verification procedures including:

• Examination of terms and covenants of listed debt securities
• Verification of figures from unaudited financial statements for Q4 FY26
• Review of SEBI circular compliance regarding security coverage ratio
• Assessment of covenant compliance as per offer documents and debenture trust deeds

Security Cover Analysis

The audit revealed that Central Bank of India maintains no security cover arrangements for its outstanding debt securities. The comprehensive security cover analysis showed:

All outstanding listed non-convertible debt securities issued by the bank are of unsecured nature, with no assets pledged as collateral or security cover.

Regulatory Compliance Status

The certificate confirms full compliance with all regulatory requirements under SEBI LODR Regulations 2015. The bank has adhered to all covenants and terms mentioned in the offer document, information memorandum, and debenture trust deed for the quarter ended March 31, 2026.

The auditors reported no instances of covenant breaches or non-compliance during the review period. The certificate has been issued specifically for submission to stock exchanges and debenture trustees, maintaining the bank's regulatory compliance status.

Basel III Compliance Framework

The security cover certificate aligns with Reserve Bank of India directions under RBI/DOR/2025-26/151 DOR.CAP.REC.70/21-01-002/2025-26 dated November 28, 2025, for Basel III compliant bonds. The certificate maintains compliance with prudential norms on capital adequacy while preserving the seniority and terms of the debt instruments as originally issued.