Central Bank of India 19th AGM on July 31; Rs 7,000 crore capital raise on agenda

Board & Shareholder Meetings View source PDF

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AI summary

Central Bank of India has called its 19th AGM on July 31, 2026 via video conferencing. Agenda: FY26 accounts adoption, confirmation of 4 interim dividends at Rs 1.20 (12 percent) per share for FY25-26, approval of director appointments including Kalyan Kumar as MD and CEO, and a proposal to raise up to Rs 7,000 crore through QIP, FPO, or rights issue, keeping government stake at minimum 51 percent. Remote e-voting runs July 27 to 30, 2026.

Likely market impact

Shareholders vote on Rs 7,000 crore equity raise that may dilute holdings, confirm Rs 1.20 per share dividend for FY26, and approve director changes.