Central Bank of India has announced the convening of its 19th Annual General Meeting (AGM) on Friday, July 31, 2026 at 3:00 PM IST, to be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Central Office of the Bank situated at Chandermukhi, Nariman Point, Mumbai – 400021 shall be deemed the venue of the meeting.

AGM Key Details at a Glance

The following table summarises the key logistical parameters of the AGM:

Ordinary Business: Financials and Dividend Confirmation

Shareholders will be asked to discuss, approve, and adopt the Audited Standalone and Consolidated Balance Sheet as at March 31, 2026, along with the Profit and Loss Account for FY 2025-26 and the Board of Directors' and Auditors' reports thereon.

The AGM will also seek confirmation of four interim dividends declared during FY 2025-26, aggregating to ₹1.20 (12%) per equity share of face value ₹10 each. The breakdown of interim dividends is as follows:

Special Business: Director Appointments and Extensions

The AGM will seek shareholder approval for several board-level changes, all pursuant to Regulation 17(1C) of SEBI (LODR) Regulations, 2015. The key appointments and extensions are summarised below:

Shri Kalyan Kumar, who assumed charge as MD & CEO on September 30, 2025, holds an M.Sc. in Agriculture and is a Certified Associate Member of the Indian Institute of Bankers. He previously served as Executive Director of Punjab National Bank and has over 26 years of experience with Union Bank of India.

Shri E. Ratan Kumar assumed charge as Executive Director on November 24, 2025. He holds an M.Tech in Computer Science and has approximately 35 years of banking and IT experience with Central Bank of India, where he previously served as Chief General Manager–Technology.

Shri Chandradeep Kumar Jha (ISS: 2000) was appointed as Government Nominee Director with effect from June 19, 2026. He holds a Master's in Statistics and currently serves as Statistical Advisor in the Department of Financial Services, Ministry of Finance.

Special Resolution: Equity Capital Raise of Up to ₹7,000 Crore

The AGM will consider a Special Resolution authorising the Board to raise equity capital aggregating up to ₹7,000 crore through various modes including Qualified Institutional Placement (QIP), Follow-on Public Offer (FPO), or Rights Issue.

The Bank's Capital Adequacy Ratio (CRAR) stood at 17.91% as of March 31, 2026, comprising Tier-I of 15.61% (including Capital Conservation Buffer) and Tier-II of 2.30%. The paid-up equity share capital as on March 31, 2026 was ₹9,051.40 crore against an authorised capital of ₹10,000 crore.

Key conditions applicable to the proposed capital raise include:

• The Central Government shall at all times hold not less than 51% of the paid-up equity capital of the Bank.
• In case of a QIP, allotment shall only be made to Qualified Institutional Buyers and shall be completed within 365 days of the resolution being passed.
• The Bank, its promoter, or directors are not fugitive economic offenders.
• New equity shares shall rank pari passu with existing equity shares in all respects.

Election of One Shareholder Director

The AGM will facilitate the election of one Shareholder Director from among shareholders other than the Central Government, pursuant to Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. The Bank's public shareholding increased from 10.73% to 18.81% following the Offer for Sale (OFS) announced by the promoter in May 2026, entitling the Bank to two elected shareholder directors.

The last date for submission of nomination forms is Thursday, July 16, 2026 by 5:00 PM. The newly elected director will assume office from Saturday, August 1, 2026 and shall hold office for a period of three years till July 31, 2029.

E-Voting and Meeting Participation

Remote e-voting will be facilitated through MUFG Intime India Pvt. Limited. Shareholders may vote through their demat accounts via NSDL or CDSL platforms, or through the InstaVote platform at https://instavote.linkintime.co.in . The scrutinizer appointed for the process is S. N. Ananthasubramanian & Co., Company Secretaries, Thane.

Shareholders wishing to register as speakers may send their details to investors@centralbank.bank.in between July 24, 2026 (10:00 AM) and July 27, 2026 (5:00 PM). Results of the e-voting and meeting voting will be declared within two working days of the AGM and communicated to BSE Limited and the National Stock Exchange of India Limited.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE483A01010/91578a58b1de4e82.pdf

Central Bank of India has appointed Shri Chandradeep Kumar Jha as a Government Nominee Director on its Board effective June 19, 2026. The appointment was made by the Central Government via Notification No. eF.No.6/2(i)/2022-BO.I, exercising powers under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Shri Jha replaces Shri Baldeo Purushartha and will serve until further orders.

Shri Jha brings over two decades of experience in the Government of India, currently serving as Statistical Advisor in the Department of Financial Services, Ministry of Finance. He holds a Master's Degree in Statistics from the University of Delhi and has previously worked with the Ministries of Statistics and Programme Implementation, Commerce & Industry, and Home Affairs.

The new director has experience in data analysis, policy formulation, and infrastructure project monitoring. He also serves as a Government Nominee Director on the Board of India Infrastructure Finance Company Limited (IIFCL), a Part-time Member of Pension Fund Regulatory and Development Authority (PFRDA), and a member of the Board of Governors of Management Development Institute (MDI), Gurgaon.

The bank confirmed that Shri Jha is not related to any Directors or Key Managerial Personnel of the bank. It also verified that he is not debarred from holding the position of Director by SEBI or any other authority. The intimation was submitted to exchanges pursuant to Regulation 30 & 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

Appointment Details