The Government of India, acting through the Department of Financial Services, Ministry of Finance, has exercised the oversubscription option for the Offer for Sale (OFS) of equity shares in Central Bank of India . Consequently, the total offer size has been increased to 72,41,12,102 equity shares, representing 8% of the total paid-up equity share capital of the bank. The base offer size was 36,20,56,051 equity shares, representing 4% of the paid-up capital. The floor price for the offer remains set at ₹31 per equity share.

Offer Schedule and Categories

The offer is being conducted on a separate window provided by the BSE and NSE. For non-retail investors, the bidding window was open on May 22, 2026 (T day). Retail investors, employees, and non-retail investors choosing to carry forward un-allotted bids can participate on May 25, 2026 (T+1 day). The offer timings are from 9:15 a.m. to 3:30 p.m. on both days. A separate employee reservation of 75,00,000 equity shares is available for eligible employees.

Allocation and Bidding Details

Allocation will be made on a price priority basis at multiple clearing prices. A minimum of 10% of the offer shares is reserved for retail investors, while a minimum of 25% is reserved for mutual funds and insurance companies. Retail investors are defined as those placing bids for offer shares of a total value not exceeding ₹200,000. Non-retail investors have the option to carry forward their un-allotted bids from T day to T+1 day for allocation in the unsubscribed portion of the retail category.

Key Offer Parameters

Settlement and Conditions

Settlement for bids received from the non-retail category on T day will take place on T+1 day, while bids received on T+1 day from retail investors and employees will settle on T+2 day. The seller reserves the right to withdraw the offer at any time prior to the opening on T day or cancel it post-bidding if sufficient demand is not received from non-retail investors at or above the floor price. The offer is being undertaken to achieve the minimum public shareholding norms prescribed by SEBI.

Central Bank of India has informed the stock exchanges of a change in its management, disclosing that Shri Priavrat Sharma has ceased to be a Director of the Bank with effect from the close of business hours on 07th May, 2026. The cessation follows the completion of his tenure as Director.

Regulatory Disclosure

The intimation was made pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed entities to disclose changes in key management personnel to the stock exchanges in a timely manner. The communication, bearing reference number CO:IRD:2026:27:40, was addressed to both the National Stock Exchange of India Limited and BSE Limited.

The key details of the change in management are summarised below:

Compliance and Disclosure

The disclosure was signed by Chandrakant Bhagwat, Company Secretary and Compliance Officer of Central Bank of India, on 07th May, 2026. The Bank has also stated that the above information will be made available on its website at https://centralbank.bank.in/en/investor-relations for public access.