Central Bank of India has informed the Exchange about Copy of Newspaper Publication - Intimation to Shareholders of Bank about Record Date for 2nd Interim Dividend Payment and TDS
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Central Bank of India has published a notice in newspapers to inform its shareholders about the record date fixed for payment of its 2nd interim dividend. The publication also includes details regarding Tax Deducted at Source (TDS) applicable on the dividend payout, as required under the Income Tax Act. This is a standard regulatory communication ensuring shareholders are aware of the cut-off date to be eligible for receiving the dividend. Shareholders whose names appear in the bank's records on the record date will be entitled to the dividend.
This confirms the bank is moving ahead with its second interim dividend for the financial year, which is generally a positive signal for shareholders expecting regular income. No new financial impact beyond the previously declared dividend; the announcement is procedural compliance.