Central Bank of India Reports Government Holding of 89.27% as on March 31, 2026

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:

Parameter: Details Promoter: President of India Total Equity Shares Held: 8080391687 Percentage Holding: 89.27% Reference Date: March 31, 2026

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.

Officer Age Year Joined Current Role Banking Experience Shri Sohail Ahmad 56 1995 GM, Emerging Business & Cent Pragati 30+ years Shri Kushal Pal 55 1995 GM, Human Capital Management & Board Secretariat 30+ years Smt Kavita Thakur 55 1990 Chief Compliance Officer 35+ years

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.

Officer Age Year Joined Current Position Experience Shri Pramod Mishra 57 1991 DGM, Bhopal Zone 35+ years Shri Birendra Mehta 52 2000 DGM, Recovery Department 25+ years Dr. Himanshu Gupta 41 2011 DGM, MSME Department 14+ years Shri Raj Kokil Singh 44 2012 DGM, Kolkata Zonal Office 13+ years Shri Suresh Singh 55 1992 DGM, North Mumbai Regional Office 33+ years Shri Anil Kumar 52 2002 DGM, Zonal Head Guwahati 24+ years

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.

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