Central Bank of India announced the outcome of its Board Meeting held on April 30, 2026, where directors approved the audited standalone and consolidated financial results for Q4FY26 and the full fiscal year ended March 31, 2026. The bank also declared its fourth interim dividend and approved an ambitious capital raising plan for the upcoming fiscal year.

Board Meeting Outcomes and Dividend Declaration

The Board of Directors approved several key decisions during their meeting that commenced at 4:00 PM and concluded at 5:55 PM on April 30, 2026. The bank declared a fourth interim dividend of 6% (₹0.60 per equity share of ₹10 each) for FY 2025-26, with the record date fixed as Friday, May 8, 2026. This brings the total dividend for FY26 to ₹1.20 per share (12% on face value), including the three quarterly interim dividends already paid during the year.

Capital Raising Plan for FY 2026-27

The Board approved a comprehensive capital raising plan aggregating to ₹7,000 crore for FY 2026-27. The bank plans to raise funds through multiple modes including Follow-on Public Offer (FPO), Rights issue, Qualified Institutional Placement (QIP), Preferential issue, or any combination thereof. Additionally, the plan includes issuing Basel III compliant AT1/Tier II Bonds or other permitted securities, subject to necessary regulatory approvals.

Press Publication and Regulatory Compliance

Pursuant to SEBI Regulation 47, the bank submitted press clippings of its Q4FY26 financial results published on May 1, 2026, across multiple newspapers. The audited standalone and consolidated financial results were published in Business Standard (English), The Economic Times (English), Business Standard (Hindi), and Navarashtra (Marathi - Mumbai edition). This regulatory filing was communicated to both NSE and BSE through the Investors Relation Division.

Auditor Certification and Financial Oversight

The financial results received unmodified audit opinions from the bank's joint statutory auditors - ADB & Company, Amit Ray & Co., Jain Paras Bilala & Co., and Garg Ashok & Co. The auditors confirmed compliance with applicable accounting standards, Banking Regulation Act 1949 provisions, and RBI guidelines. The audit covered the Central Office, 14 zones, integrated treasury branch, top 20 branches, and 1,952 other branches audited by respective statutory branch auditors.

The Board meeting outcomes demonstrate the bank's commitment to strengthening its capital position while maintaining regular dividend payments to shareholders. The approved capital raising plan positions Central Bank of India for enhanced growth opportunities in the upcoming fiscal year, subject to regulatory clearances and market conditions.

Source: None/Company/INE483A01010/c15285b8-5964-4e86-9996-234b5270f668.pdf

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.