Central Bank of India Sets Record Date for Second Interim Dividend

1 min read     Updated on 20 Oct 2025, 05:56 PM
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Shriram ShekharScanX News Team
Overview

Central Bank of India has announced October 28, 2025, as the record date for its second interim dividend of ₹0.20 per equity share for FY 2025-26. The bank has provided important information regarding tax deduction at source (TDS) and urged shareholders to update their KYC details. Shareholders seeking TDS exemption must submit necessary forms by October 31, 2025.

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*this image is generated using AI for illustrative purposes only.

Central Bank of India has announced the record date for its second interim dividend payment for the financial year 2025-26, along with important tax deduction at source (TDS) information for shareholders.

Key Details

  • Record Date: Monday, October 28, 2025
  • Dividend Amount: ₹0.20 per equity share of ₹10 each
  • Financial Year: 2025-26

Announcement and Communication

The bank made this announcement through a regulatory filing dated October 20, 2025, signed by Company Secretary & Compliance Officer Chandrakant Bhagwat. To ensure wide dissemination of this information, Central Bank of India published advertisements in the following newspapers on October 19, 2025:

Language Newspaper
English Financial Express
Hindi Jansatta
Marathi Loksatta

Shareholder Information

Shareholders are advised to take note of the following:

  1. Eligibility: Shareholders on the record as of October 28, 2025, will be eligible to receive the second interim dividend.

  2. TDS Implications: As per the Income Tax Act, 1961, as amended by the Finance Act, 2020, dividends paid or distributed by the bank on or after April 1, 2020, are taxable in the hands of shareholders.

  3. TDS Rates: The bank will deduct tax at source at the rates applicable to each category of shareholders.

  4. TDS Exemption: Shareholders seeking exemption from TDS are requested to submit duly filled and signed forms through the RTA web portal link: https://web.in.mpms.mufg.com/formsreg/submission-of-form-15g-15h.html by October 31, 2025.

  5. KYC Update: Shareholders holding shares in demat form are urged to update their KYC details, including PAN, postal address, email ID, bank account details, and nomination details, through their Depository Participants.

  6. Physical Shareholders: Those holding shares in physical form should update their KYC details by submitting the duly filled ISR-1 form along with necessary documents to the bank's RTA, MUFG Intime India Pvt. Ltd.

Investor Relations

For any queries or additional information, shareholders can refer to the bank's website: https://www.centralbank.in/en/investor-relations

This announcement demonstrates Central Bank of India's commitment to keeping its shareholders informed and ensuring smooth dividend distribution processes. Investors are advised to take necessary actions regarding their KYC details and tax exemption forms to facilitate efficient dividend processing.

Historical Stock Returns for Central Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.46%+1.05%+4.50%+6.53%-31.73%+258.91%
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Central Bank of India Declares Second Interim Dividend of 20 Paise Per Share

1 min read     Updated on 17 Oct 2025, 05:54 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Central Bank of India has declared a second interim dividend of 2% (₹0.20 per share) for the financial year 2025-26. The dividend is applicable to equity shares with a face value of ₹10 each. The bank has set Monday, 27th October 2025, as the Record Date for determining shareholder eligibility. This announcement reflects the bank's financial stability and commitment to rewarding investors.

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*this image is generated using AI for illustrative purposes only.

Central Bank of India has announced a second interim dividend for its shareholders, demonstrating the bank's continued financial stability and commitment to rewarding investors.

Dividend Details

The bank's Board of Directors, at their meeting held on Friday, 17th October 2025, approved a second interim dividend for the financial year 2025-26. The dividend has been set at 2% or 20 paise per equity share, with a face value of ₹10 each.

Key Points

  • Dividend Rate: 2% (₹0.20 per share)
  • Face Value: ₹10 per equity share
  • Financial Year: 2025-26

Record Date

Central Bank of India has fixed Monday, 27th October 2025, as the Record Date for determining the entitlement of members for the payment of this second interim dividend.

Significance

This dividend declaration comes as a positive signal for the bank's shareholders, indicating the institution's ability to generate profits and maintain a steady dividend payout policy. It reflects the bank's confidence in its financial performance and its commitment to sharing the benefits with its investors.

About Central Bank of India

Central Bank of India is a major public sector bank in India, known for its wide network and diverse banking services. The bank has been focusing on improving its financial health and expanding its digital banking capabilities in recent years.

This dividend announcement aligns with the bank's strategy to balance growth initiatives with shareholder returns, reinforcing investor confidence in the bank's financial management and future prospects.

Historical Stock Returns for Central Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.46%+1.05%+4.50%+6.53%-31.73%+258.91%
Central Bank of India
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