Central Bank of India has submitted its mandatory disclosure under SEBI regulations regarding promoter shareholding as on March 31, 2026. The bank informed stock exchanges that the President of India, acting as the promoter, maintains a substantial majority stake in the institution.

Promoter Shareholding Details

The disclosure reveals the government's significant ownership position in the public sector bank:

Regulatory Compliance

The bank has fulfilled its obligations under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 31(4) and 31(5). As part of this compliance, Central Bank of India confirmed that the promoter, along with persons acting in concert, has not created any encumbrances on the shareholding during the financial year 2025-26.

Communication to Stock Exchanges

The disclosure was formally communicated to both major stock exchanges on April 2, 2026. The notification was signed by Chandrakant Bhagwat, Company Secretary and Compliance Officer, ensuring proper authorization and documentation of the regulatory submission.

This disclosure maintains transparency regarding the ownership structure of Central Bank of India and demonstrates the continued substantial government ownership in the public sector banking institution.

Central Bank of India has announced comprehensive changes to its senior management structure, promoting nine officers to key leadership positions effective April 1, 2026. The appointments were disclosed under Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015, highlighting the bank's focus on strengthening its leadership team through internal promotions.

Chief General Manager Appointments

The bank has elevated three senior officers to Chief General Manager positions, recognizing their extensive banking experience and specialized expertise.

Shri Sohail Ahmad brings significant expertise with his ICWA (INT) qualification and Bachelor of Commerce degree, along with certification from the Indian Institute of Banking and Finance (IIBF). Shri Kushal Pal holds a Master's degree in Public Administration and IIBF certification, currently overseeing human capital management functions. Smt Kavita Thakur possesses strong academic credentials with Master's degrees in Economics and MBA in Banking and Finance, plus specialized certification in resolution of stressed assets under the Insolvency and Bankruptcy Code.

General Manager Promotions

Six officers have been promoted to General Manager positions, spanning various operational areas and geographical zones.

Leadership Strengthening Strategy

These promotions demonstrate the bank's commitment to nurturing internal talent and maintaining continuity in leadership. The promoted officers collectively bring diverse expertise across critical areas including:

• Recovery and Risk Management: Shri Birendra Mehta's experience in the Recovery Department
• MSME Banking: Dr. Himanshu Gupta's specialization in micro, small, and medium enterprise banking
• Regional Operations: Multiple officers with zonal and regional management experience
• Compliance and Governance: Smt Kavita Thakur's background in compliance and specialized training in stressed asset resolution

Academic and Professional Qualifications

The promoted officers possess strong educational backgrounds and professional certifications. Most hold advanced degrees in relevant fields such as Economics, Public Administration, Business Administration, and specialized banking qualifications. Several officers are Certified Associates of the Indian Institute of Banking and Finance (IIBF), reflecting their commitment to professional development in banking.

Regulatory Compliance

The bank has fulfilled its disclosure obligations under SEBI regulations, providing comprehensive details about each appointment including brief profiles, qualifications, and current responsibilities. The information has been made available on the bank's investor relations website, ensuring transparency for stakeholders and regulatory compliance.