Central Bank of India AGM 2026: ₹7,000 Cr Plan

AGM scheduled on July 31 via VC/OAVM

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

The AGM notice sets out shareholder votes across financial approvals, dividend confirmation, management appointments, a proposed equity capital raise, and election of one shareholder director. The disclosures were carried through market communication, including an update dated June 10, 2026 on BSE.

Key meeting logistics and participation details

The bank has provided an online participation link for the VC meeting: https://instameet.in.mpms.mufg.com. Shareholders will also have access to remote e-voting ahead of the meeting, and voting during the AGM.

Remote e-voting is scheduled from July 27, 2026 (10:00 AM) to July 30, 2026 (5:00 PM). Speaker registration is open from July 24, 2026 (10:00 AM) to July 27, 2026 (5:00 PM). Shareholders seeking to register as speakers can email their details to investors@centralbank.bank.in within the specified window.

Remote e-voting will be facilitated through MUFG Intime India Pvt. Limited. The bank said shareholders may vote through their demat accounts via NSDL or CDSL platforms, or through the InstaVote platform at https://instavote.linkintime.co.in.

Agenda includes adoption of FY26 audited financials

A key item at the 19th AGM is the approval and adoption of the audited standalone and consolidated financial statements as at March 31, 2026. This includes the balance sheet, the profit and loss account for FY 2025-26, and the reports of the Board of Directors and the Auditors.

These approvals are standard AGM business, but they also serve as the formal shareholder sign-off on the bank’s FY26 reporting. The notice indicates that these statements and reports will be placed for discussion and adoption.

Interim dividend confirmation totals ₹1.20 per share

Shareholders will be asked to confirm four interim dividends declared during FY 2025-26. The bank disclosed that the aggregate interim dividend works out to ₹1.20 per equity share, which it described as 12% per share of face value ₹10 each.

Dividend confirmation at the AGM matters because it closes the loop between board declarations made during the year and shareholder acknowledgement through the AGM process. The notice presents the aggregate total explicitly as ₹1.20 per share.

Special resolution for raising up to ₹7,000 crore in equity

One of the most material agenda items is a special resolution to authorise the Board to raise equity capital of up to ₹7,000 crore. The bank said the capital could be raised through multiple routes, including a Qualified Institutional Placement (QIP), Follow-on Public Offer (FPO), or Rights Issue.

The AGM notice also lists conditions and safeguards tied to the proposed equity raise. It states that the Central Government shall at all times hold not less than 51% of the paid-up equity capital of the bank. It also states that in case of a QIP, allotment shall be made only to Qualified Institutional Buyers and shall be completed within 365 days of the resolution being passed.

The notice further states that the bank, its promoter, or directors are not fugitive economic offenders. It also states that new equity shares issued will rank pari passu with existing equity shares in all respects.

Leadership ratifications on the AGM agenda

The AGM also includes ratification of key managerial appointments. Shareholders will be asked to ratify the appointment of Shri Kalyan Kumar as Managing Director and Chief Executive Officer (MD and CEO), and the appointments of two Executive Directors.

The notice does not provide the names of the two Executive Directors in the provided details. Still, the inclusion of these items indicates that shareholders are expected to formally approve the appointments through AGM resolutions.

Election of one shareholder director: dates and tenure

The bank has also laid out the process for electing one shareholder director. It stated that 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. The term will be three years, ending on July 31, 2029.

Record dates, voting timeline, and result declaration

The notice specifies two record dates depending on the agenda items. For agenda items 1 to 8, the record date is Friday, July 24, 2026. For agenda item 9, the record date is Friday, June 26, 2026.

The scrutinizer appointed for the voting process is S. N. Ananthasubramanian & Co., Company Secretaries, Thane. The bank said 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.

Summary table: key dates and access information

Dividend and capital-raise snapshot

Company context from the disclosures

Central Bank of India is a public sector bank headquartered in Mumbai, Maharashtra, India. The disclosed key people include Tapan Ray (Non-Executive Chairman) and Kalyan Kumar (MD and CEO). The notice also lists the owner as the Ministry of Finance, Government of India, with 81.19%.

The bank’s website is listed as centralbank.bank.in. The disclosure also clarifies that despite its name, Central Bank of India is not the central bank of India, a role served by the Reserve Bank of India.

Why this AGM matters for shareholders

For investors, the 19th AGM combines routine approvals with two items that can have longer-term significance: confirmation of the ₹1.20 per share interim dividends for FY26 and the special resolution to raise up to ₹7,000 crore in equity.

The equity-raise authorisation is structured with explicit constraints, including the minimum 51% Government holding requirement and a 365-day completion timeline in the event of a QIP. The shareholder director election is also time-bound, with a nomination deadline of July 16, 2026 and the director set to assume office from August 1, 2026.

Conclusion

Central Bank of India’s 19th AGM on July 31, 2026 will put FY26 audited accounts, interim dividend confirmation, leadership ratifications, a ₹7,000 crore equity-raise mandate, and a shareholder director election to vote. Shareholders can use remote e-voting between July 27 and July 30, and the bank has said voting results will be declared within two working days after the AGM and shared with BSE and NSE.