Central Bank of India has informed the Exchange regarding 'Corrigendum to the Notice of 18th Annual General Meeting of Bank.'.
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Central Bank of India has issued a corrigendum to the Notice of its 18th Annual General Meeting (AGM) scheduled for 19th July 2025 via video conferencing. A typographical error was identified in Item No. 4 of the AGM Notice, where the words 'Ordinary Resolution' should be read as 'Special Resolution'. Item No. 4 relates to the re-appointment of Shri Pradip P. Khimani as Part-time Non-Official Director on the Bank's Board for one year w.e.f. 11th April 2025. All other contents of the AGM Notice remain unchanged. The corrected Notice has been uploaded to the Bank's website and shared with the stock exchanges.
This is a procedural correction that raises the voting threshold required to approve the director's re-appointment from a simple majority (Ordinary Resolution) to 75% (Special Resolution), making passage more demanding. No material impact on the stock is expected as the substantive business of the AGM remains the same, though shareholders should note the change before voting.